967 – Land, Buildings, Hotel & Restaurant – $1,999,000
This is a well-located 57 room motel and full-service franchise restaurant on a main artery in a busy Alberta town. The hotel rooms and basement banquet area are presently being renovated. The restaurant had a substantial reno done in 2012 – 2013. The land, buildings and businesses were recently appraised for $3,300,000. Great chance to own the land, building and business and make your own mortgage payment instead of the Landlord's! These opportunities don’t come up very often – DON’T MISS IT!
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross sales: Hotel $280,000 per year; Restaurant $486,000 per year
Financing: Treat as clear title