Description

Seaside Villa Motel - this 12 guest room motel and 10 pad RV park sits on 1.95 acres of west facing land with sweeping views out to the Malaspina Strait. The property sits just outside city limits in the qathet regional district with high traffic visibility on the east side of Highway 101, as vehicles enter town from the south. Profitable and well managed business offers a new owner an excellent platform for growth, with excess development potential for additional density. A circular driveway leads vehicles to parking areas in front of the motel rooms for easy guest access. There is ample additional parking throughout the property. The package is rounded off with a 3 bedroom manager's residence. Please note 4 of the 12 guest rooms are in shell condition and not currently occupiable. Renovations are needed to modernize this asset and bring the occupancy and average room rates up. Share or Asset sale. Please call for info, including the financials.