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Data was last updated 2024-05-18 at 06:54:15 AM (PDT)

5110 50 Avenue - MLS® # A2115026

Property Details


List Price
$1,190,000
Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
31363 sq.ft.
Taxes
N/A
Type
Hotel/Motel (Commercial)
Style
N/A
Basement
Year Built
1969

Description

* 51 Guest rooms, 1 manager suite, 2 staff rooms(can be converted to guest rooms) * 11 Kitchenettes * Have 4 bedroom suite and triple bedroom for big family group * Mixed customer groups such as oil workers, construction workers, and travellers * Most customers are long term customers * Winter time, about 8 monthly rents and summer time, about 15 monthly rents(5 rooms are rented out throughout a year) * Easy operation(currently manager operating) * A water tank replaced in 2022 and a dryer replaced in 2023 * 2 full capacity boilers, so do not worry about boiler problem * Convenient location for customers between liquor store and seven eleven * Good cap rate * Owner retiring

Listing Provided By

CIR Realty

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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 Real Estate Listing provided by
  • Kim Twohey
  • 403-464-9300
  • 403-464-9300
  • 403-464-9300
  • kimtwohey@gmail.com
  • CIR Realty
  • #168, 8060 Silver Springs Blvd NW
  • Calgary, AB
  • T1X 0L3