A 40-unit motel in Kamloops has sold for $2.6 million, Nationwide Realty Corp. tells Western Investor.
The hotel was built in 1971 and features balcony suites, kitchenettes and enclosed corridors. The three-storey building is situated on 33,570-square-foot lot.
The property is located at 625 Columbia St., Kamloops.
Breakdown:
Price: $2,600,000
No. of Units: 40
Price/Unit: $65,000
Lot Size: 33,570 SF
Property Type: Hotel
Zoning: C3
2017 B.C. Assessment Value: $2,143,100
Date of Sale: 06/29/2018
City: Kamloops
Province: B.C.
Name of Brokerage: Nationwide Realty Corp.
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