Business For Sale · Hospitality

1414 Cariboo Highway, Clinton

1414 Cariboo Highway, Clinton, BC V0K1K0

$2.7M total

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Asset Class

Hospitality

Size

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Building class

A

Zoning

CHY — Highway Corridor

$ / SF

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Occupancy

87%

Year Built

1984

Lot Size

1.57 ac

About this property

Excellent investment opportunity in the heart of Clinton, BC on HWY 97 / Cariboo HWY . The Cariboo Lodge is a well-established hospitality property featuring 21 motel units, a full-service restaurant, and a popular pub. Ideally positioned to attract both travelers and local clientele, this turnkey operation offers strong potential for revenue and growth in a thriving service corridor. The main lodge is a charming log structure that showcases a welcoming pub, a full-service restaurant with a separate dining area, six motel rooms, and a comfortable two-bedroom manager’s suite. At the rear of the property, a two-storey motel building provides an additional 15 units along with convenient on-site laundry facilities for guests. The property is well maintained, boasts excellent curb appeal, and reflects pride of ownership throughout. A rare opportunity to acquire a versatile hospitality business in a scenic and historic community. Please contact your agent. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.68M
Down payment30% · $804K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$164K

Annual cash flow

$16K

Cash-on-cash

1.97%

DSCR

1.11

Going-in cap

6.13%

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

102,383

Households

35,922

Median income

$109,500

Median age

31.2

Daytime population

122,511

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 1414 Cariboo Highway, Clinton.

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.