101 Oak Street, Fauquier101 Oak Street, Fauquier — photo 2101 Oak Street, Fauquier — photo 3101 Oak Street, Fauquier — photo 4101 Oak Street, Fauquier — photo 5101 Oak Street, Fauquier — photo 6101 Oak Street, Fauquier — photo 7101 Oak Street, Fauquier — photo 8101 Oak Street, Fauquier — photo 9101 Oak Street, Fauquier — photo 10101 Oak Street, Fauquier — photo 11101 Oak Street, Fauquier — photo 12101 Oak Street, Fauquier — photo 13101 Oak Street, Fauquier — photo 14101 Oak Street, Fauquier — photo 15101 Oak Street, Fauquier — photo 16101 Oak Street, Fauquier — photo 17101 Oak Street, Fauquier — photo 18101 Oak Street, Fauquier — photo 19101 Oak Street, Fauquier — photo 20101 Oak Street, Fauquier — photo 21101 Oak Street, Fauquier — photo 22101 Oak Street, Fauquier — photo 23101 Oak Street, Fauquier — photo 24101 Oak Street, Fauquier — photo 25101 Oak Street, Fauquier — photo 26101 Oak Street, Fauquier — photo 27
1/27
For Sale · Hospitality

101 Oak Street, Fauquier

101 Oak Street, Fauquier, BC V0G1K0

$999,000 total

—

Asset Class

Hospitality

Size

—

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

88%

Year Built

1968

Lot Size

0.79 ac

About this property

Being Offered is an immaculate 11 unit motel just off the shores of the beautiful Arrow Lake in the quaint hamlet of Fauquier. Only 40 minutes from Nakusp, a full-service community offering essential services. All renovated and upgraded since 2016, roof about 4 years old. The motel is concrete block Recently painted in and out, new bedding, curtains etc. 6 of the units have kitchenettes. Beautiful 1 bedroom owners home, private patio. Superb laundry room and more. Great outdoor areas for guests, fire pit, barbeques and gazebo. This is an excellent opportunity for early retirees to combine a peaceful lifestyle with a solid income. Call your agent! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$999K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$61K

Annual cash flow

$6K

Cash-on-cash

1.86%

DSCR

1.10

Going-in cap

6.10%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

121,512

Households

48,189

Median income

$136,500

Median age

39.5

Daytime population

133,034

5-yr growth

2.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 101 Oak Street, Fauquier.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.