5110 50 Avenue St. Paul, AB T0A 3A0

$1,190,000
0.72
Acres
$1,190,000
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off the market
1/9
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* 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

* 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

  • Neighborhood
  • Type
  • County
    St. Paul No. 19, County of
  • Status
    OM
  • Listing #
    A2115026
  • Built
    1969
  • Lot Size
    0.72
  • Listed on site
    306 days
  • Listing Brokerage
    CIR Realty

Listed by:

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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • No Basement
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