Canada Commercial Realty

Hotel
Views: 202

Listing Serial No.

FH1766085443

Price

$5,990,000

Description

DESCRIPTION:                     2 story limit service 50 rooms hotel (2 rooms are ready to  rent out.)

SITE AREA:                                      2.38Acres

ZONING:                                           C-H Commercial, Highway District

AGE:                                                  2000    (fully renovated  in 2019 and converted as Days Inn)

 

BREAKDOWN OF ROOM       Kitchenette One 12, Single One 5, Double Double  31, 2 rooms    Total Rooms 50

 

REVENUE                                        2023:$1,402,824,  2024:$1,622,871

 

NOI                                                     2024 :$646,363

 

AREA DESCRIPTION

 

The subject  property situated approximately 206 kilometres southeast of Edmonton. Known for its welcoming community and strategic location, XXXXXX is located at the intersection of Highways XX and  XX, providing excellent access to regional and national transportation networks.

The local economy in Wainwright is three pronged, with agriculture being a strong workforce driver, as w

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 .