Description

A rare opportunity to own your hotel room in Coal Harbour with a return rate of 5% before taxes. Great hotel rental pool investment property. YTD net distribution for 2017 is $18553 2016 is 18,018. 2015 is $16,178. Owner pays property taxes. Superb Central Location! Close to Canada Place, Convention Centre, Ship Terminal and Robson St. Walking distance to high end shops, restaurants and attractions. Occupancy rate is excellent. Each owner could enjoy 30 room nights stay per calendar year and enjoy 15% discount in Show Case Restaurant (food only) and 10% discount on room service orders (food only). Hotel is professionally managed and operated -Worry-free investment. NOT FOR PRIVATE RESIDENCE.

Taxes (2017): $1,910.00

Amenities

Air Conditioning Windows - Thermo Air Cond. Central Club House Exercise Centre Pool; Indoor Swirlpool Hot Tub Wheelchair Access

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