6002 89th St, Osoyoos

Sold for $1,515,000

$1,515,000

Sale Price

21

Units

1968

Year Built

9.05%

Cap Rate

Lakeview Motel, 6002 89 St, Osoyoos sold for $1,515,000.  Represented the buyer of this motel is located in a quiet lakeview location in Osoyoos. It is quiet, located just across the street from the lake and a few hundred feet from a public beach.

This business has 1-bedroom and 2-bedroom units with full kitchens which makes it very popular with snowbirds from Alberta, Saskatchewan and Manitoba that want to spend the winter in Osoyoos area. Work crews also come as it offers self-catering facilities.

The two bedroom living area is spacious, comfortable, and offers a great view. The living quarters also adjoins one of the rental units and if needed, could be part of the living area.

The laundry area has been redone and upgraded with newer equipment. This area adjoins the office area for a convenient operation.

There is a beautiful pool and barbeques that help create a resort-like experience for guests.

Location

6002 89 Street
Osoyoos, BC, V0H 1V1

Land Size
32,670 Sq Ft

Zoning
C-2

Storeys
3