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Value Lodge Motel For Sale - #1
Value Lodge Motel For Sale - #2
Value Lodge Motel For Sale - #3
Value Lodge Motel For Sale - #4
Value Lodge Motel For Sale - #5
Value Lodge Motel For Sale - #6
Value Lodge Motel For Sale - #7
Value Lodge Motel For Sale - #8
Value Lodge Motel For Sale - #9

À vendre

$8,100,000 CAD

This offering represents a rare opportunity for a qualified investor/owner operator to acquire the freehold strata interest in the 60-unit Value Lodge Motel. The adjacent strata unit, operated as Alice’s Restaurant is owned separately and not included in the offering.

This property is strategically located in south Nanaimo, on the east coast of beautiful Vancouver Island. The motel features clean rooms with stunning ocean views from the front units. The property also possesses substantial future redevelopment potential.

The current owners of the Value Lodge Motel have diligently owned and operated the motel increasing total gross revenue to $990,687 in 2021. The motel’s offering rates are affordable yet competitive to branded motel/hotels. The motel’s strategic location, combined with a strong operating history makes the Value Lodge Motel an attractive acquisition to capitalize on the increasing demand for accommodation in this market