Peter Dam

Office 403-250-2882 | peterdam288@gmail.com

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208 18 Avenue N: Three Hills Hotel/Motel for sale : MLS® # C1026172

208 18 Avenue N Three Hills T0M 2A0 : Three Hills

Exterior Front.
$5,500,000
Prop. Type:
Commercial
MLS® Num:
C1026172
Status:
Active
Bus Minor:
Hotel/Motel
**SELLING BELLOW MARKET VALUE, ROFITABLE 82 rooms Franchise Hotel with the only SWIMMING POOL** Award winning and extremely well maintained hotel. Located on a very busy intersection of a small town and high volume traffic highway, business is very stable and established in 1998 at 46 rooms, later 36 rooms added in 2007. Only 40 minutes away from "Dinosaur Valley" a major tourist attraction in Drumheller. There are a total of 5.47 acres of land combined with huge potential to expand the hotel, retail, parking, etc. Motel has 2 levels in EXCELLENT condition with HUGE indoor pool, water slide, fitness centre, banquet room and breakfast room/restaurant. Replacement cost today well OVER $9,000,000. Buy for millions LESS before Alberta economy fully recovers. Any details of this business/investment opportunity will be provided in strictest of confidence and buyer must sign a Non-Disclosure Agreement. *Please DO NOT approach business directly*
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Minor Bus Type:
Hotel/Motel
Total Floor Area:
Switch units of measure0.88 acre(s)
Price Per SqFt:
143.14
Taxes:
$55,075 / 2016
Lot Area:
Switch units of measure5.47 acre(s)
Year built:
1998 (Age: 19)
Bathrooms:
0.0 (Full:-, Half:-)
Parking Total/Covered:
- / -
Title to Land:
Fee Simple
None
None
Registered Interest
Possession:
ASAP
Listed by CENTURY 21 BRAVO REALTY
Listing information last updated on 20-Sep-2017 10:05 PM
Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.