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920 S Island Hwy
CR Campbell River Central Campbell River V9W 1B1

$3,990,000
Commercial Sale

Main Photo: 920 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 904788
Photo 1: 920 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 904788
Photo 2: 920 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 904788
Photo 3: 920 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 904788
Photo 4: 920 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 904788
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
904788
Investor Alert! Monthly rental property for sale in Campbell River right across from the ocean and the popular Seawalk, close to golf, the boat launch, recreation and Mount Washington. This 2 storey motel has 25 units with ocean views. All of the rooms are rented on a monthly basis providing guaranteed income in the summer and winter months. There's also a coin laundry facility providing additional income. This is a share sale.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Business, Land
Lease Type:
Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.86 acre(s)
Taxes:
Construction:
Vinyl Siding, Wood
Foundation:
Concrete Perimeter
Ceiling Heights:
Total Building Area:
10,300 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Campbell River
Legal Description:
Zoning:
C6
Units in Building:
Units in Community:
Occupancy:
Tenant
Lot Site Features:
Marina Nearby, Near Golf Course
Parking Features:
On Site
Total Parking Spaces:
26
Road Frontage Type:
Highway
Business Name:
Vista Del Mar
Business Type:
Accommodation
Total Units:
Date Listed:
May 27, 2022
Original Price:
3990000.0
  • Photo 1: 920 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 904788
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  • Photo 2: 920 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 904788
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  • Photo 3: 920 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 904788
    Photo 3 of 4
  • Photo 4: 920 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 904788
    Photo 4 of 4
Listed by RE/MAX Check Realty
Data was last updated August 11, 2022 at 12:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,666,000
Min list price:
$179,900
Max list price:
$3,990,000
Avg days on market:
129
Min days on market:
14
Max days on market:
289
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.