Great opportunity to purchase a 26 unit motel with 11 kitchens and 15 regular rooms. Mostly monthly rentals. The Jubilee has a new roof on the lower levels; over approximately 75% of the entire roof area. Other improvements over the past 18 months include: new stairs, new vinyl coverings over walkways and a new hot water tank in the laundry room.

About 2475 Skaha Lake Road, Penticton, V2A 6E8

Directions:Property is located in the south end of Penticton on Skaha Lake Road, between Lindsey Veterinarian clinic and the Penticton Toyota DealershipFinancial Information

 

Financial Information

  • Native Reserve Land : N
  • Realtor Ownership : N
  • Title Held : Freehold
  • Taxes : 11842
  • Tax Year : 2018
  • Legal Description : LOT 2 DISTRICT LOT 116 SIMILKAMEEN DIVISION YALE DISTRICT PLAN 9227

Property Features

  • Classification - Commercial : Mixed
  • Complex : Jubilee Motel
  • Information Package Available : Y
  • Major Area : Outside Board Area
  • PID Number : 003-217-183
  • Predominant Use : Mixed
  • Stories : 2
  • Sub-Area :IB - Interior B.C.
  • Transaction Type : For Sale
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