An oceanfront resort in Tofino has sold for $6.25 million, Engel & Volkers tells Western Investor.
MacKenzie Beach resort is a year-round resort located 2 km south of Tofino. The resort offers camping and RV sites, as well as ten cabin accommodations. The property is 7.25 acres with 200 feet of ocean frontage. The site is a split zoned property with an assessed value of $3.45 million. The resort was listed for $7.5 million.
The property is located at 1101 Pacific Rim Hwy, Tofino.
Breakdown:
Price: $6,250,000
No. of Units: 10
Price/Unit: $625,000
Lot Size: 7.25 acres
Property Type: Hotel
Zoning: C2/A1
2016 B.C. Assessment Value: $3,452,000
Date of Sale: 05/01/2017
City: Tofino
Province: B.C.
Name of Brokerage: Engel & Volkers Vancouver Island
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