William Wright Commercial and the CBRE National Apartment Group – BC are pleased to
present the unique opportunity to acquire 2107 Tait Street (Summerland Motel) & 6203 Willow
Avenue (Sunoka Apartments), a combined Motel and Apartment investment opportunity in
Summerland, BC.

The Summerland Motel consists of 31-suites including multiple suites with kitchens and
kitchenettes and is located along Highway 97. The property is extremely well kept and includes
an outdoor pool and courtyard area for guests to enjoy. The property is located just minutes from
Downtown Summerland and walking distance to Okanagan Lake.

New Airbnb policies are expected to boost demand for motel business.

The Sunoka Apartments include 25-suites in 2-separate buildings. The property was developed by
the current owners in 2008 and have been fully leased for a majority of this timeframe with healthy
market turnover which has assisted the building in achieving strong growth in rental income. The
location of the property along with the limited amount of rental competition in Summerland make
this one of the most sought-after investment opportunities in the area.

This is a rare multi-use investment opportunity to acquire a diversified cash flowing asset in an
exceptional market with limited competing product.

Further detailed information on this excellent opportunity can be acquired by signing a Confidentiality
Agreement and connecting with our team.

+ MULTIPLE REVENUE STREAMS: 31-suite motel and 25-suite apartment
building providing multiple stable revenue streams
+ UNIQUE OPPORTUNITY: Great for hotel operators looking to add to their
portfolio and/or entrepreneurs looking for business opportunities with secure and
stable income
+ FULLY TENANTED APARTMENT BUILDING: At the time of listing, the apartment
building is fully rented with a waiting list
+ LIMITED COMPETITION: Summerland has very limited supply of rental buildings
making this one of the most desirable buildings in the city
+ LOW MAINTENANCE COSTS: The buildings have no common areas resulting in very
low maintenance costs and the Sunoka Apartments was constructed in 2008 and its newer
vintage allows for limited capex requirements in comparison to that of an older building
+ RENTAL & MOTEL RATE UPSIDE: The Okanagan Valley and Summerland have seen
consistent rental and accommodation rate increases over the past 5+ years
+ FUTURE LAND VALUE: The future land use of the two sites is Tourist Commercial and High
Density Residential which allows for additional density and therefore increased future land
value