Investment Opportunities

57 Room Motel in Radium Hot Springs

Excellent location! Great business opportunity to own a profitable and well maintained 57 room Motel in Radium Hot Springs.Well established motel with 16 full kitchenette with a fridge, microwave, wet bar, cook top, A/Caswell as a dining table plus indoor pool, hot tub, sauna, out door BBQ pit and personal balconies, breakfast nook, laundry facilities & storage. 40+ paved surface parking stalls in the front of the motel. The motel consists of 3 buildings built in three phases includes an easily accessible and handy crawl space under each building and 3 bedroom manager’s suite over 2 levels, 4 staff rooms, 7 suites have 2 man-jetted tubs. The profitable motel in its best condition with recent years renovations. The buildings are heated by baseboard electric heat and cooled with personalized wall cooling units. A new roof was installed on one of the buildings in 2009, and all mechanical and electrical equipment in the motel is in excellent condition. (28068546)

Date Posted:
Price: 4000000
Contact Seller Amy Xu