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

What's Nearby?
Restaurants
- The Nest (1.07 mi)43 reviews
- Elma (2.46 mi)15 reviews
- Gusto Ferrari (0.65 mi)7 reviews
Coffee Shops
- Nautical Dog Cafe (1.24 mi)3 reviews
- Wayne & Freda (2.18 mi)23 reviews
- The Prague Cafe (2.39 mi)9 reviews
Grocery
- Save-On-Foods (0.34 mi)1 reviews
- Nature's Fare Markets (0.67 mi)3 reviews
- South Main Market (0.52 mi)4 reviews
Education
- University of British Columbia - Okanagan (33.63 mi)4 reviews
- Okanagan Montessori Elementary & Pre School (28.61 mi)1 reviews
- Centre For Arts & Technology (28.97 mi)2 reviews
Bank
Hospitals
- Kelowna General Hospital (28.22 mi)14 reviews
- West Kelowna Medical Centre (25.45 mi)8 reviews
- Osoyoos Medical Centre (30.56 mi)3 reviews