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Popular 49-Room Waterfront Motel in Thriving Community

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Complete NDA for Full Overview

Price: $3,590,000

Annual Revenue: $1,065,000

Minimum Equity Required: $1,436,000

SDE: $380,000

Location: Alberta

Industry: Hotels, Motels, Camps and other Lodging

ID: 1383

Status: New

Description

Amidst a thriving community, this 45-year old popular waterfront motel has 49 rooms (6 of which are kitchenettes). Renovations were made in the year 2022, updated the roofing, carpets, floorings, fixtures, and many more.

This property is not just a business; it's a gateway to a lifestyle that many yearn for but few achieve. With its prime location, this motel stands as a beacon for travelers seeking solace, adventure, and unforgettable memories.

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

Revenue:
2023: $1,065,000
2022: $775,000

Net Operating Income:
2023: $380,000

Operations

Located on 1 Acre of land, the property is well-maintained and has undergone renovations in 2022.

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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