MLS® 44980388 · Active

4903 57 Avenue

Provost, Alberta

$1,050,000

Source-listed price. Confirm sale or lease terms and availability.

Property photographs

Property details

MLS®

44980388

Status

Active

Property type

Hospitality

City

Provost

Living area

10500 square feet

Listing brokerage

MaxWell Polaris

About this property

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 straightforward operations 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 online marketing. An excellent opportunity for investors, owner-operators, or buyers pursuing business immigration opportunities with an established income-producing hospitality asset. (id:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of MaxWell Polaris. Source attribution · REALTOR.ca

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