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Wheatland Motel 115 2nd St SE

25 Room Hotel Vulcan, AB T0L 2B0 £752,944 (£30,118/Room)

Executive Summary

A well-maintained, one of few motels nestled in the hub of construction sites for solar power, wind turbine and oil related industry. Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style, a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation.

Property Facts

Price £752,944
Price Per Room £30,118
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.19 AC
Building Size 6,516 SF
No. Rooms 25
Number of Floors 1
Year Built 1997
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 25 £37.09 -

zoning

Zoning Code C2 (Highway Commercial)
C2 (Highway Commercial)
  • Listing ID: 32990098

  • Date on Market: 28/08/2024

  • Last Updated:

  • Address: 115 2nd St SE, Vulcan, AB T0L 2B0

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