Nationwide Realty Corp.
Service Without Boundaries

5422 W 16 Highway
Terrace - City Terrace V8G 0C6

$1,699,000
Business with Property

Main Photo: 5422 W 16 Highway in Terrace: Terrace - City Business with Property for sale in "MUMFORD'S" : MLS®# C8044843
Status:
Sold
Prop. Type:
Business with Property
MLS® Num:
C8044843
Sold Date:
Jul 20, 2022
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Low Rise (2-4 stories)
ABOVE INFORMATION IS FROM SOURCES BELIEVED TO BE RELIABLE, BUT SHOULD NOT BE RELIED UPON WITHOUT VERIFICATION ... ASSUMES NO RESPONSIBILITY FOR ITS ACCURACY. This MOTEL is comprised of 19 full Kitchenette suites, one housekeeper apartment with 3 beds/2 baths. The housekeeper would like to stay. Too many upgrades done in 2018 on this property to list. Excellent revenue with regular long-time contracts in place showing a GOOD CAP RATE makes this a great investment opportunity in this growing city of Terrace.
Price:
$1,699,000
Business (Major):
Accommodation Travel & Tourism
Property Type:
Commercial
Business (Minor):
Hotel/Motel
MLS® Num:
C8044843
Status:
Sold
  • Photo 1: 5422 W 16 Highway in Terrace: Terrace - City Business with Property for sale in "MUMFORD'S" : MLS®# C8044843
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Listed by Nationwide Realty Corp.
Data was last updated October 22, 2024 at 07:05 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Calgary Real Estate Board Cooperative Ltd., REALTORS® Association of Edmonton, Chilliwack & District Real Estate Board, BC Northern Real Estate Board and Kootenay Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.