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Hospitality

Combined Portfolio Okanagan Motel And Apartment Building

Summerland, BC, CAN
Listed 79 days ago

BC Commercial Group presents the Summerland Motel and SunOka Apartments — two income-producing properties at $7,950,000. Both assets sit in the Trout Creek area of Summerland, BC. The Summerland Motel: The Summerland Motel on Tait Street offers 31 units on Highway 97. It sits on 0.751 acres at the south entrance to Summerland. The motel features two buildings, a seasonal outdoor pool, and paved parking. In addition, it includes established on-site signage. Year-round tourism drives strong demand at this location. In summer, guests arrive for Okanagan Lake beaches and wineries on the Bottleneck Drive wine route. In fall, the Kettle Valley Rail Trail brings hikers and cyclists. Furthermore, Highway 97 business travellers fill rooms throughout the year. As a result, the motel serves multiple guest segments across all four seasons. SunOka Apartments: The SunOka Apartments on Willow Avenue is a 25-unit building built in 2008. It features two two-storey buildings with 9 one-bedroom suites and 16 studio suites. Additionally, every unit includes a private balcony or patio. The property also has two on-site EV charging stations. All studio suites feature Murphy beds, which maximize livable space. Consequently, the building typically runs at full occupancy. Zoned RHD (Residential High Density). Buying BC motel and apartments for sale as a package creates two distinct revenue streams. First, the motel generates short-term hospitality income. Second, the apartments deliver stable long-term residential income. In fact, both properties sit within the same Trout Creek neighbourhood — steps from parks, beaches, and Okanagan wine country. Therefore, a single acquisition covers two asset classes in one proven location. This dual-asset portfolio rarely comes to market in BC. The vendor commits to selling both properties together. Similarly, both transfer via share sale under the same ownership company.

Location

Both assets sit in the Trout Creek area of Summerland, BC

Real Estate

Real Property Included

Premises Details

The Summerland Motel The Summerland Motel at 2107 Tait Street offers 31 units on Highway 97. It sits on 0.751 acres at the south entrance to Summerland. The motel features two buildings, a seasonal outdoor pool, and paved parking. SunOka Apartments The SunOka Apartments at 6203 Willow Avenue is a 25-unit building built in 2008. It features two two-storey buildings with 9 one-bedroom suites and 16 studio suites. Additionally, every unit includes a private balcony or patio. The property also has two on-site EV charging stations. All studio suites feature Murphy beds, which maximise liveable space. Consequently, the building typically runs at full occupancy

Years Established

Many

Size In Square Feet

59,938

Financials

Asking Price
$8.0M
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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