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Listed by Martin Zhang
$ 1,050,000
$ 1,050,000
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 44980388
Property Description
Rare opportunity to acquire a well-established 27-room motel in the heart of Albertas active oilfield region. Deerhead Inn features 10 single rooms, 11 double rooms, 6 kitchenette rooms, and a 2-bedroom managers suite, serving primarily long-term oilfield and industrial workers. Successfully operated by the current ownership for approximately 15 years, the property benefits from a strong base of repeat corporate clientele, stable revenues, and minimal operational complexity with no restaurant or lounge operations. Significant capital improvements have been completed in recent years, including new roofing on all three buildings, new gutters and downspouts, multiple water heater replacements, sewer line replacement, parking lot gravel upgrades, electrical improvements, and various building maintenance updates. Strategically located along Highway 13 in Provost, this turnkey business offers attractive cash flow, strong operational history, and future growth potential through revenue optimization and expanded
Location
Province AB
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Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate.
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