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 online marketing. An excellent opportunity for investors, owner-operators, or buyers pursuing business immigration opportunities with an established income-producing hospitality asset. (id:51989)
Features of 4903 57 Ave
- MLS® Number 44980388
- Price $1,050,000
- Square Footage: 10500 sqft
Buildings
| Size Interior | 10500 Sqft |
Land
| Acreage | Yes | Size Irregular | 43560 |
| Size Total | 43560 Sqft|unknown | Size Total Text | 43560 Sqft|unknown |
Agents and Offices
- Martin Zhang
- Office: Maxwell Polaris