7414 97 Street

Price$ 1,875,000 | | CityOsoyoos

Opportunity to purchase the Boundary Motel, a unique investment opportunity in the Osoyoos area of the South Okanagan! This prime 1.72-acre property in Osoyoos offers a unique investment opportunity with multiple income streams. The property includes a 14-room motel, a 6-plex, and 7 mobile home pads. The motel and 6-plex are zoned C1 (Highway Commercial) while RSM (Residential Manufactured Home Park) zoning encompasses the manufactured home section. The site is serviced by city water and sewer and is located in a high-traffic area along Highway 97 to the South of the primary town of Osoyoos. At the asking price, the property is offered at a 6.95% cap rate, which includes a manager's salary as an expense. For the right investor, this could be an opportunity to continue the existing cash flow of the property and take advantage of lowering interest rates, all being possible without running the motel in a ""hands-on"" way. Several opportunities exist to further increase the property's income stream. Modernizing booking systems, leveraging high season pricing, and renovating the motel, to name a few. Likewise, there is an upside for the manufactured home rents to be increased with tenant turnover. The manufactured homes themselves are not included as assets; they are owned by the tenants. Properties with three separate revenue streams do not often come to market. (id:64460)

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Property Specifications
Full Address:
7414 97 Street, Osoyoos, British Columbia
Price:
$ 1,875,000
MLS Number:
10370254
List Date:
December 1st, 2025
Neighbourhood:
Osoyoos
Square Footage:
7500 sq.ft.
Lot Size:
1.72 ac
Year Built:
1956
Interior Features
Heating:
Baseboard heaters
Building Features
Sewer:
Municipal sewage system
Water:
Municipal water
Floors
Finished Area:
7500 sq.ft.
Land
Lot Size:
1.72 ac
Neighbourhood Features
Ratings
Location
Neighbourhood Details
REALTOR® Details
Agent: Scott Marshall Office: Sotheby's International Realty Canada Data provided by: Association of Interior REALTORS®

About the Area

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