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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 | Lot Size | 1.19 AC |
Price Per Room | £30,118 | Building Size | 6,516 SF |
Sale Type | Investment | No. Rooms | 25 |
Property Type | Hospitality | Number of Floors | 1 |
Property Subtype | Hotel | Year Built | 1997 |
Building Class | C | Corridor | Exterior |
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 | - |
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zoning
Zoning Code | C2 (Highway Commercial) |
C2 (Highway Commercial) |
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Wheatland Motel | 115 2nd St SE
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