10,340 ft2
Acreage
$1,550,000
Fantastic opportunity to own & operate your own family-run business in Alberta. This 32-unit motel built in 2009, is a turnkey operation with income potential. Designed with long-term sustainability featuring insulated concrete construction, an 800-amp electrical system, hydronic in-floor heating, laminate flooring, Ceramic Tile Showers & Full A/C in every unit. Located on a 4.74-acre parcel zoned Highway Commercial, only 1.5 acres are currently developed, leaving Excellent potential to add a restaurant, lounge, or convenience store—ideal for involving family members in the day-to-day operations & expansion. Motel includes 16-1 bedroom & 16-2 bedroom units, no shared walls for maximum guest privacy. With 15 RV hookups, flexible rental options for daily, weekly, or monthly stays, certified appraisal & a strong 9% cap rate. This is an outstanding opportunity for families looking to build a lasting, profitable business. A rare chance to invest in your future and work side by side with those who matter most. (id:60626)
Business
Business Type
|
Accommodation |
Business Sub Type
|
Hotel/motel |
Property Details
MLS® Number
|
E4428241 |
Property Type
|
Business |
Neigbourhood
|
Swan Hills |
Building
Constructed Date
|
2009 |
Size Interior
|
10,340 Ft2 |
Land
Acreage
|
Yes |
Size Irregular
|
206474 |
Size Total
|
206474 Sqft |
Size Total Text
|
206474 Sqft |