80+ Room Limited Service Hotel

This is an opportunity to own a prominent 80+ room limited service hotel with kitchenettes and complimentary breakfast for each stay. It is strategically located in the heart of a community that has the third largest population base in Alberta. Entrepreneurs are common in the area with the continuously growing economy in the oil and gas sector.

This is 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
Annual Revenue and Net Operating Income, with year-end December 31:

2024 (January 1 until September 30)
Revenue: $2,040,000

2023
Revenue: $2,856,000
NOI: $1,641,000

2022
Revenue: $1,976,000
NOI: $932,000

Operations
The property is situated on 2.42 acres of land, with building size of 42,500 sq.ft.

For more information on this listing, please complete our Non-Disclosure Agreement