19229 LANGLEY BYPASS, Cloverdale BC V3S6K1 Photo 1

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19229 LANGLEY BYPASS - Wow! Seldom available franchised hotel in central location on Highway 10 and 192 Street, South Surrey, BC. Well established since 1996, this recently renovated hotel contains 83 rooms, indoor swimming pool, exercise room, meeting room, board room, business center and convenience mart. The on-site restaurant is a separate building and is leased to a Canadian Restaurant Chain on a long term basis. This fantastic location is nearby the Willowbrook Shopping Centre and the Campbell Heights Industrial Park. It also provides easy access to highway 15, US border, Cloverdale Rodeo Fairgrounds, Historic Fort Langley, White Rock Beaches, the Langley Events Centre and many great golf courses and wineries. Current Annual Gross revenue is approx. $2.12m with Annual Net revenue at approx. $880,000 and cap rate at 5.54%.

Property Details

  • ID: C8010028
  • Storeys: 0
  • Lot Area: 1.77 Acres
  • Style: Other
  • New Construction: No
  • County: Canada
  • Status: Active
  • Living Area: 44,470

Features

Other Fireplace Present - False
Transaction Type For sale
Listed By RE/MAX Real Estate Services