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100-Room Limited Service Hotel

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Complete NDA for Full Overview

Price: $10,270,000

Annual Revenue: $2,640,000

Minimum Equity Required: $3,000,000

SDE: $785,000

Location: Alberta

Industry: Hotels, Motels, Camps and other Lodging

ID: 1416

Status: New

Description

This 100-room limited service hotel was built in 2015, is in very good condition, and has complimenting amenities including waterslide pool, lounge, fitness room, business centre, and meeting rooms.

There is an opportunity to change the branding of the property, which may support enhanced demand, given it's prime location to a major highway.

The sale is anticipated to be an Asset sale.

By completing the NDA and becoming adequately qualified, you will be be sent a full Offering Memorandum that will answer most, if not all, of your questions.

Financial Information

Annual Revenue and Net Operating Income:

2023
Revenue: $2,640,000
NOI: $785,000

2022
Revenue: $1,980,000

2021
Revenue: $1,730,000

Operations

Site Area: 1.96 acres

Property is serviced with town sewer and water.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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