37 rooms motel for sale(Incl. restaurant)

Description
$515000

37 rooms motel for sale in Northern Alberta

** If you read this AD, it is still available. No message, No message, please.
*** Call the seller directly. (Mike 780-999-8837)

*** Search for "jokat lodge" on Google map. It is my motel location.

**** This property is sold without bank financing or less amount financing. If you can not available to pay sufficient down payment, please do not contact me and disregard this AD.

- Located 150 minutes North from downtown Edmonton and on Hwy.

- This motel consists of 37 units, including 3 units used as owner's suite and storage space.

- The well-maintained building was built in 2008 and is approx.15,000 sf building on approx. 4 acres land.

- Each unit consists of 14 single rooms and 22 double rooms, with no kitchenettes.

- There are additional 5 separate spaces used as offices, laundry, garage, and maintenance rooms, and the motel is equipped with 8-tank industrial water heater and in-floor heating system.

- All guest refrigerators/microwave have been recently replaced and many repairs and maintenance/cleaning have been done.

- The motel is located on the highway leading to the oilfields, has no competition within 70-110 km, and is visited by many crews, hunters, fishermen, and tourists due to the provincial parks and oil fields nearby.

- The motel has a fully equipped restaurant with 8 tables, fire suppression system, and walk-in coolers to serve motel guests and local residents. (* Restaurant is temporarily closed)

- Experience in the motel and restaurant business is an asset to further enhance the business.

- This is a great opportunity for anyone looking for a motel business with great potential as the building is young and there is no competition, so don't miss out.

- This property is being sold "as is" condition and the listing price is based mainly on the value of the land and the building, and no business (financial) records are provided.

- The seller took over this motel, which had closed due to poor management, about 8 months ago and has been upgrading it by cleaning the interior and replacing appliances.

- The seller is currently operating the motel well and continuing the upgrades.

*** No message, please. Will not answer to your message.

--- Will provide some more info after phone conversation.

** Call the seller directly. (Mike 780-999-8837 )
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:MK
Address:Edmonton, AB T5T 4G6
City:St. Albert
Phone:780-999-XXXX (Show)
Asking Price:$515000

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MK

On OKz since February, 2018

780-999-XXXX


Posted on: 05/07/2025 @ 06:17 am

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