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:42336)
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