Canada Commercial Realty

C.403.680.6130 | francislee@canadacommercialrealty.ca

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Views: 133

Listing Serial No.

FH1767822534

Price

$7,190,000

Description

IVESTMENT SUMMARY
DESCRIPTION: The subject consists of a four-storey limited-service wood frame hotel that contains 86 guest rooms, a breakfast/meeting room, an exercise room, business centre, and other related hotel amenities. The building was originally completed in2005 as a Ramada but converted in 2011 into a Super 8 till 2024 April. Possible to convert as Sure stay Best Western brand, Ramada, Quality Inn and Super 8.

SITE AREA: 1.78 acres, more or less

ZONING: C1 (Commercial City Centre District).

AGE: 2005

REVENUE 2024 (8 months) $1,226,773, 2025: $1,730,906, NOI 2025 : $590,954

REMARKS

The building was originally completed in2005 as a Ramada but converted in 2011 into a Super 8 till 2024. Recently new owner upgraded throughout, the property offers strong brand‑conversion potential (Sure stay Best Western brand, Ramada, Quality Inn and Super 8) and generated $1.73M in 2025 revenue. Its central location provides steady demand from highway traffic, industrial activity, and regional tourism. Future performance is expected to strengthen significantly with the XXX XXX  Regional Hospital Redevelopment and the expanding XXX XXX  Airport, both driving long‑term increases in workers, medical travelers, and visitor traffic—positioning the hotel for higher occupancy and ADR growth.

Renovation: carpet, paint,55” TV, new door lock, mattress, micro waive and washer & dryer etc(About $700,000 more or less)

 

CONFIDENTIALITY AGREEMENT

    RE :

    I hereby acknowledge that information regarding above business(es) and /or Seller(s) is being provided to me SECRECY and CONFIDENCE and is to be used solely for the purpose of assessing the prospective purchase of the business(es) or property through Maxwell Canyon Creek Realty Francis Lee.

    I agree that such information will be held in strict confidence, that all matters concerning the a aforementioned property will be handled through Maxwell Canyon Creek Realty Francis Lee, that I will not approach or attempt to deal with the owners or employees either directly or indirectly.

    I agree not to disclose any of the information given in connection herewith, either directly, or indirectly, to third parties, except direct support people; nor will I use, or assist others to use, any such information for competitive trade purpose or to circumvent Maxwell Canyon Creek Realty in any transaction or contact with the Seller(s). I agree not to make copies any of the material provided and to return all of it if I discontinue interest in the Business. The material and information furnished is believed to be reliable for the purpose of evaluating the business.
    Further, I agree that all inquires, investigations, negotiations, offers to purchase, and/or letters of intent must be made through Maxwell Canyon Creek Realty Francis Lee. I agree to protect and not disclose the confidentiality of the information I receive permanently, even if I choose not to purchase the said business or property.

    I agree that any breach of the Confidential Agreement (the “Agreement”), directly or indirectly, will be harmful to the Seller(s) and Maxwell Canyon Creek Realty . In consideration for the information given, I agree that the laws of Alberta will govern this Agreement and that all actions that may arise in law and or equity shall be brought in Alberta.

    Accepted and agreed this .