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4001 Highway St
Valleyview, AB T0H 3N0

$1,681,741 USD

Hotel For Sale  •  36,600 SF

Property Details

  • Property Type Hotel
  • Total Building Size 36,600 SF
  • Lot Size 2.45 AC
  • Building Class C
  • Year Built 1967
  • Zoning Hwy Commercial
0 Transit Score
32 Walk Score

Description

$380k gross, $85k net in 2024.  We have a 5 kitchenette 61-room motel with a full commercial kitchen in the restaurant for sale in the beautiful Town of
Valleyview Alberta, Valleyview lies on the Western Canadian Sedimentary Basin known for some of the largest oil & gas deposits in the
world, the Duvernay Formation, a rich source of natural gas and oil. The town is also located in an active geothermal area. It is one hour
east of Grand Prairie. The owner did a lot of upgrade work for this pretty motel. Electrical upgrade and packaged air conditioner units were
installed in 2015. Partial room upgrades and exterior upgrades happened in 2015. It has an off-sale counter, a restaurant, and a lounge
with VLT machines, VLT has an excellent income. The facility is run by an on-site manager Please see pics for hotel details. Seller financing
is available for the right, qualified buyers.

Highlights

$380k gross, $85k net in 2024

Amenities

  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Public Access Wifi
  • Fully-Equipped Kitchen

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 61
Type: Surface
Included in Rent: Yes
Edward Kwan 587-847-4359 First Place Realty
Edward Kwan 587-847-4359 First Place Realty