This professional well-kept turnkey motel has fantastic financials and an awesome established clientele that just keeps coming back. The Prince George Motor Court has 14 renovated stand-alone cabins/units and a caretaker/manager suite with weekly cabin rental rates totaling $4140 per week if fully occupied for a total income of up to $17,940 per month. Could probably double revenues by converting to a nightly motel model or as an AirBnB property as the property is a legal motel and would be exempt from new short term rental regulations. Owners currently live on site and manage motel so buyer would need to put in place resident caretaker/staff or property manager. Share sale only. (id:2493)
Data was last updated April 29, 2024 at 09:45 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$675,000
Min list price:
$85,000
Max list price:
$7,900,000
Avg days on market:
113
Min days on market:
5
Max days on market:
846
Avg price per sq.ft.:
$193.42
These statistics are generated based on the current listing's property type
and located in
Prince George. Average values are
derived using median calculations.
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