DESCRIPTION:
These 2 stories 49 rooms limited services franchise hotel occupies a location with access and exposure to Highway #9. The subject benefits from the synergies created along this highway commercial node.
xxxxxxxxx’s economy is based on agriculture and tourism with the oil and gas industry. Located on the CN mainline linking Calgary and Saskatoon, it is a service centre for the surrounding agricultural area engaged in grain production, specialty crop that, hay production, and ranching.
There are several tourist attraction places such as the xxxxxxxxxx Valley, the Tyrell Museum of xxxxxxxxxxxxx which is the largest museum xxxxxxxxxx display in the world, has always held a degree of appeal for tourists. It is estimated that the number of visitors to the area has tripled to approximately 500,000 per annum.
SITE AREA: 1.09Acres
ZONING: HWY‐C – Highway Commercial District
BREAKDWON OF ROOM
Single rooms: one queen bed and pull out sofa 9, Double rooms : two queen beds 32, Triple rooms : doubles 2
Kitchenette : one queen bed and a pull out sofa 2, Kitchenette : Two queen beds 4
REVENUE: 2023:$1,061,049, 2024 :$1,079,406
(Yearend July 31)
NET OPERATING INCOME: 2023: $376,772, 2024 :$355,298