Featured Listings

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" (Terrace (Zone 88))  : MLS®# C8044843
Status:
Active
Prop. Type:
Business with Property
MLS® Num:
C8044843
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.
Sale Type:
Asset
Business Name:
MUMFORDS
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Hotel/Motel
Bus Op Since:
1996
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
Name of Complex/Subdivision:
MUMFORD'S
# Bldgs:
1
# Storeys:
2.0
Total Floor Area:
23,958 sq. ft.
Lot Area:
23,958 sq. ft.
Land Use/Zoning:
C3
Permitted Use:
Other
Taxes:
$21,309.98 / 2022
Services Connected:
Electricity, Garbage Collection
Water Supply:
Municipal
Roof:
Asphalt Shingles
Sewer Septic:
Municipal/Community
Original Price:
$1,699,000
  • Photo 1: 5422 W 16 Highway in Terrace: Terrace - City Business with Property for sale in "MUMFORD'S" (Terrace (Zone 88))  : MLS®# C8044843
    Photo 1 of 1
Listed by Nationwide Realty Corp.
Data was last updated August 18, 2022 at 01:05 AM (UTC)
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