1/181390 Cariboo Highway 97, Cache Creek
1390 Cariboo Highway 97, Cache Creek, BC V0K1C0
$1.3M total
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Asset Class
Hospitality
Size
—
Building class
A
Zoning
CHY — Highway Corridor
$ / SF
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Occupancy
99%
Year Built
1965
Lot Size
0.95 ac
About this property
The best motel in Cache Creek now available for your investment! Situated in the best location in town. Almost 1 acre lot with 219 ft. of frontage along Hwy 97. Great Exposure, Guaranteed Traffic! 18 Guestrooms, all with different interior designs and furnishings for each different room style like a boutique hotel including 12 kitchenette units. The motel also offers a separate detached office/manager's residence and a seasonal outdoor pool at the rear. The manager's residence contains a living room, kitchen ,one-bedroom, a den, and a 4-piece bathroom. Steady but very Profitable Cashflow and still uprising! Please also note that this motel was chosen by Tesla for charging station due to their reputation for convenience and cleanliness. 2 Tesla charging devices installed and servicing on site. Very central location! Close to many amenities including A&W, Chevron gas station, convenience store and BC Liquor Store. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$93K
Annual cash flow
$22K
Cash-on-cash
5.56%
DSCR
1.30
Going-in cap
7.21%
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
45,580
Households
20,371
Median income
$105,500
Median age
33.4
Daytime population
68,266
5-yr growth
1.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1390 Cariboo Highway 97, Cache Creek.
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.