6203 Willow Avenue, Summerland | $9,900,000

Being offered is this unique investment opportunity with two diversified income streams. This offer consists of the Summerland Motel which has 31 motel units and the Sunoka Apartments which has 25 rental suites. These two properties are adjacent to each other and are on separate titles. Each property has its own access The apartment consists of 16 studios and 9 - 1 bedroom. Typically occupancy is at or near 100 %. The motel is a 2 story with 31 units one of which could be used for a manager's suite.

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Description

Being offered is this unique investment opportunity with two diversified income streams. This offer consists of the Summerland Motel which has 31 motel units and the Sunoka Apartments which has 25 rental suites. These two properties are adjacent to each other and are on separate titles. Each property has its own access The apartment consists of 16 studios and 9 - 1 bedroom. Typically occupancy is at or near 100 %. The motel is a 2 story with 31 units one of which could be used for a manager's suite.

General Info

MLS Listing ID: 10331140 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: Stall Heating: See remarks Lotsize: 1.38 ac|1 - 5 acres Air Conditioning : Wall unit

Amenities/Features

  • Level lot
  • Balcony/Deck/Patio

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .