For Sale · Hospitality

1197 COLLINS Road, Cache Creek

1197 COLLINS Road, Cache Creek, BC V0K1H0

$1.5M total

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Asset Class

Hospitality

Size

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Building class

C

Zoning

CHY — Highway Corridor

$ / SF

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Occupancy

85%

Year Built

1972

Lot Size

1.23 ac

About this property

*** For more information, please click Brochure button. *** Discover a unique investment opportunity with the Sunset Motel, a fully renovated 13-room property in the heart of Cache Creek, BC. Originally established in 1972, this motel has been thoughtfully updated to provide modern comfort and amenities while retaining its charm. The Sunset Motel offers a variety of accommodations to meet guests' needs. Choose from standard queen rooms, deluxe rooms with kitchenettes, or a spacious two-queen suite with a full kitchen. Each room is equipped with smart TVs, free Wi-Fi, mini-fridges, pod coffee makers, inverter microwaves, and USB power stations, ensuring convenience and comfort. Guests can enjoy relaxing outdoor spaces, including a new gazebo, private patio sets for each room, and a BBQ area. Select rooms are pet-friendly, catering to travelers with furry companions. Prime Location Situated in the scenic town of Cache Creek, the Sunset Motel is a perfect stopover for travelers exploring British Columbia’s interior. Surrounded by breathtaking mountains, grasslands, and desert hills, the area offers outdoor activities such as hiking, fishing, and sightseeing. Cache Creek’s charm has also made it a popular filming location, featured in productions like Maze Runner: The Death Cure, Shooter, and The X-Files. This turnkey motel is an excellent opportunity for investors seeking a profitable, well-maintained property in a vibrant location. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $449K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$73K

Annual cash flow

$-10K

Cash-on-cash

-2.23%

DSCR

0.88

Going-in cap

4.87%

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

140,118

Households

62,667

Median income

$67,500

Median age

36.8

Daytime population

140,001

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 1197 COLLINS Road, Cache Creek.

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.