Great Price on this 32 unit motel!Priced to sell! Newer built 2009 with insulated concrete construction,complete with 800 amp electrical, hydronics heating system with infloor heating, this is a turn key operation! Situated on North Avenue in Swan Hills, this investment opportunity enjoys the service industry clientele in the Big Lakes area.Site is on a 4.74 acre parcel zoned for highway commercial, with only 1.5 acres currently in use. Potential for a restaurant or further expansion. Motel also offers Rv hook ups for up to 15 Rvs. Rooms consist of 16 one bedroom and 16 two bedroom units. Ceramic and laminate flooring through out,fully air conditioned.Lots of room for expansion, great opportunity! Certified appraisal available ! Has a 9 Cap Rate ! (id:58126)
| Business Type | Accommodation |
| Business Sub Type | Hotel/motel |
| MLS® Number | E4428241 |
| Property Type | Business |
| Neigbourhood | Swan Hills |
| Constructed Date | 2009 |
| Size Interior | 10340 Sqft |
| Acreage | Yes |
| Size Irregular | 206474 |
| Size Total | 206474 Sqft |
| Size Total Text | 206474 Sqft |
https://www.realtor.ca/real-estate/28093506/5125-north-av-swan-hills-swan-hills
Contact us for more information
Tim A. Gartner
Associate
(780) 478-5478
(780) 457-5240
Michelle C. Zenon
Associate
(780) 488-4000
(780) 447-1695
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Charles Real Estate
4915 Elbow Drive SW #205 Calgary,AB
