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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