Real Estate Investment - Hotel Room in Squamish

222 40900 Tantalus Road, Squamish, BC

About This Property               

This one bedroom suite is located on the 2nd floor of Executive Suites Hotel, the deck comes with panoramic green space and mountain views. Some unit features include granite countertops and stainless steel appliances in the kitchen, fireplace, and in suite laundry. Other features include outdoor heated pool/hot tub, fitness room and Norman Rudy's restaurant. Executive Suites is the only stratified hotel in Squamish and a proven revenue producer with high returns. Sit back and collect a monthly cheque, no effort/work required. You own the unit 100% freehold strata, but it's not zoned residential (you can't live in the unit), it's designed to be a hands-off revenue property.

Asking Price $235,000

Initial Cash Required: $234,700

Monthly Cash Flow: $1,203

Annual ROI: 8.7%

(10 Year Hold)


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