$1,290,000

1390 Cariboo Highway 97 Other, Cache Creek V0K1C0

6,372 Sq Ft Built 1965

Detached

Listed by: Sutton Group - 1st West Realty.

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Description

The best motel in Cache Creek now available for your investment! Situated in the best location in town. Almost 1 acre lot with 219 ft. of frontage along Hwy 97. Great Exposure, Guaranteed Traffic! 18 Guestrooms, all with different interior designs and furnishings for each different room style like a boutique hotel including 12 kitchenette units. The motel also offers a separate detached office/manager's residence and a seasonal outdoor pool at the rear. The manager's residence contains a living room, kitchen ,one-bedroom, a den, and a 4-piece bathroom. Steady but very Profitable Cashflow and still uprising! Please also note that this motel was chosen by Tesla for charging station due to their reputation for convenience and cleanliness. 2 Tesla charging devices installed and servicing on site. Very central location! Close to many amenities including A&W, Chevron gas station, convenience store and BC Liquor Store. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Other

Annual Taxes: $6,200

Lot Size: 0.95

Property Details

Property Type	Detached
Sub Type	Hospitality
Living Area	6,372 sq ft
Lot Size	1 sq ft
Year Built	1965
Listing ID	10386531

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1390 Cariboo Highway 97 Other, Cache Creek
MLS® 10386531 · $1,290,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

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Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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