Great investment opportunity with a successful turn-key Motel franchise and income producing rental space. Property is situated on a 1.12 acre lot with 35 unit motel, tenant occupied Smitty's franchise restaurant and pub, conference room, continental breakfast area and much much more. Located in fast growing city of Duncan, this newly renovated property offers a great rate of return and increases year over year. Owner has invested over $250,000 in recent upgrades including furniture, linens, windows flooring, roofing, major equipment upgrades, exterior updates and paint. Motel is fully staffed with a general manager in place, easy to manage. Bank financing available. Same owner for 10 years, looking to retire. This is a share sale. Contact agent today for more information.
This website is operated by RE/MAX of Duncan, a member of the Vancouver Island Real Estate Board.
The property data on this website is provided by CREA's Distributed Data Feed.
RE/MAX of Duncan properties may only be advertised on other websites via CREA's Distributed Data Feed
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.