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Hi-Valley Motor Inn 4001 Highway St 61 Room Hotel Valleyview, AB T0H 3N0 $2,300,000 CAD ($37,705 CAD/Room)

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INVESTMENT HIGHLIGHTS

$380k gross, $85k net in 2024

EXECUTIVE SUMMARY

$380k gross, $85k net in 2024

PROPERTY FACTS

Price	$2,300,000 CAD	Lot Size	2.45 AC
Price Per Room	$37,705 CAD	Building Size	36,600 SF
Sale Type	Investment	No. Rooms	61
Sale Condition	Business Value Included	No. Stories	2
Property Type	Hospitality	Year Built/Renovated	1967/2015
Property Subtype	Hotel	Parking Ratio	1.67/1,000 SF
Building Class	C	Corridor	Exterior
Zoning	Hwy Commercial

Price	$2,300,000 CAD
Price Per Room	$37,705 CAD
Sale Type	Investment
Sale Condition	Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	2.45 AC
Building Size	36,600 SF
No. Rooms	61
No. Stories	2
Year Built/Renovated	1967/2015
Parking Ratio	1.67/1,000 SF
Corridor	Exterior
Zoning	Hwy Commercial

Restaurant
High Speed Internet Access

On-Site Bar

Public Access Wifi

Fully-Equipped Kitchen

ABOUT 4001 HIGHWAY ST , VALLEYVIEW, AB T0H 3N0

$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.