4903 57 Avenue, Provost, Alberta T0B 3S0

Listed for:
$1,050,000
0 beds
0 baths
Listed 34 days ago
4903 57 Avenue, Provost, Alberta T0B 3S0

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About

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:27476)

Property Highlights

MLS® Number
44980388
Type
Hospitality
Land Size
43560 sqft|Unknown

Building

Square Footage
10500 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
MaxWell Polaris
MLS® number:
44980388
Agent:
Martin Zhang
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