2107 Tait Street Summerland, British Columbia V0H 1Z4
$11,990,000
I am pleased to offer this unique investment opportunity. This offering consists of the Summerland Motel which has 31 motel units and the Sunoka Apartments which has 25 rental suites (16 studious and 9 1 bedrooms). These two properties are adjacent to each other and are on separate titles. Each property has its own access, there is a gate between the properties for emergency access. In 2021 the current owners redeveloped an existing motel into a motel and an apartment complex, the result is two independent businesses, owned by one company. The motel has a swimming pool and nice courtyard area, it is popular with tourist and travellers. If you are looking for a unique opportunity with exceptional cash flow, this is well worth adding to your list. (id:42365)
Property Details
| MLS® Number | 10252556 |
| Property Type | Other |
| Neigbourhood | Trout Creek |
Building
| Flooring Type | Mixed Flooring |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Forced Air, See Remarks |
| Roof Material | Tar & Gravel,other |
| Roof Style | Conventional,conventional |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.43 |
| Size Total | 1.43 Ac|1 - 5 Acres |
| Size Total Text | 1.43 Ac|1 - 5 Acres |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/24409391/2107-tait-street-summerland-trout-creek
100 - 1553 Harvey Avenue
Kelowna, British Columbia V1Y 6G1
(250) 717-5000
(250) 861-8462
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December 01 2023 03:11:15
Okanagan-Mainline Real Estate Board
RE/MAX Kelowna