Listing Details
Return to Search Result5125 NORTH Avenue - MLS® # E4428241
Courtesy of Tim A Gartner of MaxWell Progressive
Property Details
Description
Great Price on this 32 unit motel!Priced to sell! Newer built 2009 with insulated concrete construction,complete with 800 amp electrical, hydronics heating system with infloor heating, this is a turn key operation! Situated on North Avenue in Swan Hills, this investment opportunity enjoys the service industry clientele in the Big Lakes area.Site is on a 4.74 acre parcel zoned for highway commercial, with only 1.5 acres currently in use. Potential for a restaurant or further expansion. Motel also offers Rv hook ups for up to 15 Rvs. Rooms consist of 16 one bedroom and 16 two bedroom units. Ceramic and laminate flooring through out,fully air conditioned.Lots of room for expansion, great opportunity! Certified appraisal available ! Has a 9 Cap Rate !
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- Christine Mcfarland
- (780) 361-5925
- 780-478-5478
- christine@pigeonlakeadvantage.com
- Maxwell Progressive
- 10630-124 st.
- Edmonton, AB
- T5N 1S3