Profitable investment with a CAP RATE around 20%. The Ace Western Motel in Clearwater, BC, offers 42 rooms, including 4 kitchenettes and a two-bedroom manager's suite. Centrally located on 1.25 acres along the high-traffic #5 Highway, the motel attracts workers from industries like pipelines, forestry, utilities, and more, as well as tourists from Europe and locally who come to explore the Rockies. Clearwater is the gateway to Wells Gray Provincial Park, reowned for its spectacular waterfalls and outdoor activities like whitewater rafting, hiking, and fishing. The motel is just over an hour from Kamloops, three hours from Jasper, and five hours from the Lower Mainland. This is a rare opportunity. Don't miss out. For inquiries, please contact the listing agent only. Do not approach the owner or staff. (id:47423)
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Detailed Information
Lot
166 x 0 ft
Municipal ID
008-783-055
Ownership Type
Freehold
Property Type
Business
Transaction Type
For sale
Business
Business Type
Accommodation
Business Subtype
Motel
Building
Land
Total Size
1.25 acres
Acreage
Yes
Size of Irregular Land
1.25
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