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73042 TPW 38 - 0: Rocky Mountain House Hotel/Motel for sale : MLS®# C4177836

73042 TPW 38 - 0 Rocky Mountain House T4T 2A2 : Rocky Mountain House

Main Photo: 73042 TPW 38 - 0: Rocky Mountain House Hotel/Motel for sale : MLS®# C4177836banner
$3,985,000
Prop. Type:
Commercial
MLS® Num:
C4177836
Status:
Active
Bus Minor:
Resort
What an exceptional property and business opportunity! Take a look at this remarkable full-service country inn on 60 acres of premier land in Central Alberta. It’s within an easy 2-hour drive from Alberta's largest cities offering 15 luxury suites and cottages, a restaurant and executive meeting facility, on a stunning creek side property. Boasting an impressive repeat and referral business, this hidden gem is known as an ultimate getaway destination for couples, groups and individuals wanting a beautiful natural setting.The property has 9 buildings totalling 16,507 sf including 5 cottages, the Main Inn with 7 suites, the 50-seat restaurant and meeting room, the Coach House with 3 suites and a staff residence. Now in its 12th year of operation with a 12% cap rate, this successful business is also positioned for immediate expansion with development permits and the necessary infrastructure in place. This is a dream buy for the astute investor, developer or hotelier wanting an outstanding turnkey business.
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Condo Type:
Not a Condo
Minor Bus Type:
Resort
Total Floor Area:
Switch units of measure16,507 sq. ft.
Price Per SqFt:
241.41
Taxes:
$16,217 / 2017
Lot Area:
Switch units of measure60.47 acre(s)
Year built:
0 (Age: 2,018)
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
1623170
Construction:
Wood Frame
Water Supply:
See Remarks
Garage:
0
Parking Total/Covered:
- / -
Title to Land:
Fee Simple
Restrictions:
See Remarks
None
None
Landscaped, See Remarks
Private
Possession:
NEG.
Nearest Town:
Rocky Mountain House
Listed by CENTURY 21 BRAVO REALTY
Listing information last updated on April 20, 2018 at 10:10 PM (UTC)
PETER DAM
JOANNA DAM
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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.