Crossroads Motel | 5416 49th Ave
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Crossroads Motel 5416 49th Ave
23 Room Hotel Rycroft, AB T0H 3A0 £303,603 (£13,200/Room)
Investment Highlights
- Includes the additional revenue stream of a fully operational public laundromat
- Highly visible with road frontage on busy Hwy 49
- Lots of parking and additional land for expansion
Executive Summary
HUGE price drop and HUGE upside potential for this Motel and laundromat. Features 23 units including 2 larger apartment style lofts.6 rooms have kitchenettes and some rooms have been recently renovated. Already with solid occupancy and good local reputation ready for you to step in and take it to the next level. Also includes the additional revenue stream of a fully operational public laundromat. Lots of parking and additional land for expansion.Highly visible with road frontage on busy Hwy 49 between Rycroft and Spirit River just north of Grande Prairie. Excellent value in this property
Property Facts
| Price | £303,603 | Lot Size | 1.92 AC |
| Price Per Room | £13,200 | Building Size | 7,413 SF |
| Sale Type | Investment | No. Rooms | 23 |
| Property Type | Hospitality | Number of Floors | 1 |
| Property Subtype | Hotel | Year Built | 1979 |
| Building Class | C | Corridor | Exterior |
| Price | £303,603 |
| Price Per Room | £13,200 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.92 AC |
| Building Size | 7,413 SF |
| No. Rooms | 23 |
| Number of Floors | 1 |
| Year Built | 1979 |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 23 | £49.68 | - |
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zoning
| Zoning Code | C1 (Commercial business and industrial. Purpose is to regulate development adjacent to highways that cater to the traveling public.) |
| C1 (Commercial business and industrial. Purpose is to regulate development adjacent to highways that cater to the traveling public.) |
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Crossroads Motel | 5416 49th Ave
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