Olds, AB T4H 1B8,5218 46 ST
Olds, AB T4H 1B8,5218 46 ST
Olds, AB T4H 1B8,5218 46 ST
$1,830,000
Est. payment /mo
$2,150,000
14.9%
Est.Price: ?

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SOLD DATE : 01/20/2025

Key Details

Sold Price $1,830,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS® Listing ID A2110281

Sold Date 01/20/25

Annual Tax Amount $14,431

Tax Year 2023

Property Sub-Type Hotel/Motel

Source Calgary

Property Description

Location, Location, Location! Profitable and Easy operation business!! Hard to find an opportunity to become an operator and owner of this mint condition Motel located in the busy town of Olds where it is constantly busy with locals (Olds college and other businesses) and with workers. The motel presents with total of 37 Guest rooms with a combination of variety of the room types including 17 Kitchenettes and incredibly well maintained two story owner's home within the premises. The owner's living area is equipped with 4 bedroom, a large living area and kitchen, just like a two story house. Mint condition, well organized and Very profitable business with a stable income stream Motel is waiting for a new owner. Please do not show up to the motel without the prior arrangements. Please do not disturb the business and the seller and his staff.

Location

Province AB

County Mountain View County

Zoning CH

Others

Restrictions None Known

Tax ID 87370221

Ownership Private

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Listed by MaxWell Capital Realty

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Andy Twerefour

Andy Twerefour

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