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Great Cash Flow, Popular, Limited-Service Hotel

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Complete NDA for Full Overview

Price: $13,500,000

Annual Revenue: $4,100,000

Minimum Equity Required: $4,500,000

SDE: $2,000,000

Location: Alberta

Industry: Hotels, Motels, Camps and other Lodging

ID: 1327

Status: New

Description

Very well located and well maintained, franchised, limited-service, four storey hotel has 96 guest rooms, a breakfast room, a fitness room, a meeting room, and other related hotel amenities.

It is located in a very busy oil and gas service centre that has seen some significant commitments recently. Penn West Energy Trust recently created a $1.25 billion joint venture with China Investment Corporation to increase development in this area. Shell Canada has also applied for regulatory approval for an 80,000 barrel per-day expansion of their existing operation (Carmon Creek).

The sale is anticipated to be an Asset sale.

By completing the NDA and becoming adequately qualified, you will 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: $4,100,000
NOI: $2M+

2022
Revenue: $3,280,000
NOI: $1,400,000

2021
Revenue: :$2,770,000
NOI: :$1,265,000

2020
Revenue: $2,360,000

2019
Revenue: $2,630,000

2018
Revenue: $3,000,000

Operations

Located on 2.54 acres, the gross building area of the structure is 55,295 Sft and includes 13,994 Sft of main floor area.

Built in 2013

Services are 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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