Price: $2,090,000
Annual Revenue: $610,000
Minimum Equity Required: $840,000
SDE: $335,000
Location: Alberta
Industry: Hotel Motels Cottage
Listing ID: 1384
Listing Status: New
This exceptional 44-room motel, featuring a fully operational restaurant and lounge is situated in a prime location that attracts both local and traveling patrons. This property offers a unique investment opportunity for those looking to enter or expand within the hospitality industry. With its comprehensive amenities and established reputation, this motel is a turnkey solution for success.
The sale is structured as an Asset Sale. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Annual Revenue:
2023: $610,000
2022: $600,000
Net Operating Income:
2023: $335,000
The property is well-maintained and had major renovations in the year 2020 and 2015. The size of the building is at 17,985 sqft.
For more information on this listing, please complete our Non-Disclosure Agreement
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview