INVESTMENT SUMMARY
DESCRIPTION: -Fully renovated Cement block and stucco 35 room ( 10 Kitchen),2 bedroom manager suite
SITE AREA: 3.355 Acres
ZONING: Gateway Commercial
RENOVATION DETAIL Owner spent about $600,000.
YEAR BUILT: 1975 (Renovated in 2023)
REVENUE (December 31 ) 2023 : $548,411,
NOI 2023 : $271,082
LOCATION OVERVIEW
XXXXXXX’s economy is primarily resource driven with oil and gas being the predominant industry. Multiple oil and gas companies operate in the area with several pipelines in the vicinity. Another notable employer in XXXXXXXX is the Municipal District of Greenview, which has its main administrative office and several departments situated within town limits. The town is also a regional hub for medical services.
-Situated on the junction of Highway 43 leading to British Columbia and Alaska via Grande Prairie and the north south stretch of Highway 49 towards Donnelly and Alberta Highway 2 towards xxxxxxxxx.