Listing Serial No.
Price
Description
INVESTMENT SUMMARY
DESCRIPTION: -106‑room limited‑service hotel located in the rapidly growing XXXXXXXX district of Southwest XXXXXXXX.
Highly convenient access just off XXXXXXXX Drive, one of XXXXXXX’s major rings roads, providing excellent connectivity for business and leisure travelers.
- Parking: 37 underground stalls plus additional surface parking.
- Condition: Essentially a brand‑new hotel, built in 2022 and in excellent physical condition.
SITE AREA: 1.18 Acres
ZONING: DC1(Direct control Provision)
YEAR BUILT: March 2022
REVENUE (Year End July 31 ) 2024: $3,376,908, 2025: $3,857,805
January 1 – December 31 : 2024: $3,513,025, 2025: $4,082,615
A transformative healthcare development is underway—one of the largest investments of its kind in Alberta.
Impact on the Hotel
When the XXXXXXXX project moves forward, this subject hotel will be strategically positioned as one of the closest branded hotels to the new health campus. This proximity is expected to generate strong long‑term demand from medical‑related travel, supporting higher occupancy and revenue growth over time.