Canada Commercial Realty

C.403.680.6130 | francislee@canadacommercialrealty.ca

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92 UNIT BEST WESTERN PLUS HOTEL IN AB BIG CITY

Views: 4736

Listing Serial No.

FH1519787076

Price

$9,500,000

Description

1.Description

The subject property consists of a limited service,four storey  92-room hotel at 1.75Acres land  that was completed in 2004. It includes an indoor pool,fitness room, breakfast room, meeting room, and other           related common area amenities.

 

Located in an economically diverse city, in the heart of its commercial district, this Hotel offers 92 units including:
– 48 Standard Queen Rooms
– 32 Executive King Mini Suites
– 6 Premier Suites
– 3 Jacuzzi Suites
– 1 Manager Suite
– 2 Handicap accessible Suites

The Hotel won the Trip Advisor Certificate of Excellence in 2015.
In addition to an indoor pool and a fitness centre, the Hotel offers access to a 24-hour business centre and a meeting room, concierge services and complimentary breakfast each morning.

 

 

2.Location

The City of xxxxxxxxx is  situated within xxxxxxx AB.

 

3.Economy

The economy of XXXXX is relatively diverse for a city of its size. The most important economic sectors active within the community include agriculture, manufacturing, government services, and petrochemicals. Major employers (workforce greater than 300) within the community include the XXXXXXXXXXXXXXXXXX 

 

4.Revenue

2014 : $3,335,716  2015 : $2,668,155, 2016 :$2,142,284, 2017 : $2,310,915.99,2018 : $2,308,420

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 .