SOLD- 61 rooms Hotel, Northern AB, $4,470,000

Very completive price High-end franchise 3 Storeys Limited service 61 guest rooms hotels with indoor pool ,water slide, business centre, 1.04 Acres land and fitness room which was built in 2010 located strategic location near the majority of major business, as well as notable retail amenities .

As of 2019 the town's population was 16,560 which is up 26% since 2006 and local trading area is 28,000.The tourist draw to the area is very strong, with over 1 million visitors each year. The town is a significant tourist destination, while the economy is also benefiting from significant oil and gas activity. The town economy base is defined primary by tourism, agriculture, and oil & gas industry. And the town has experienced significant residential & commercial growth over recent years.It will be great investment once recover the economy.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.