Listing Presented by Jerry Rush with Royal LePage Network Realty Corp.  (403) 887-2286
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Contact:Jerry Rush
Royal LePage Network Realty Corp.
Direct Line:(403) 887-1243
Mobile:(403) 352-6775
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MLS®#: A2014705 $9,200,000 5027 Lakeshore Drive Sylvan Lake AB T4S 1R0
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Description: The central Alberta economy is on the rise so it's time to invest! 2022 is the Best year end results since 2016 in cash flow, occupancy rates, and average room rates etc. This Best Western Plus is a 2014 72 room, four storey, concrete and steel built hotel located in the center of town across the street from the beach area. Walking distance from shopping, dining, entertainment and the Sylvan Lake beach. Includes a boardroom, business center, fitness room, large pool and hot tub area. This is the only large newer Hotel in the beach area. Very well maintained and managed by the original owner/builder who has previously built many other much larger commercial buildings in Alberta.
Property Type:
Commercial
Property Sub-Type:
Hotel/Motel
Year Built:
2013
Age:
9
County:
Red Deer County
Subdivision:
Downtown
Lot Dimensions:
12592
Cooling:
Central Air;Other;
Heat:
Combination;Make-up Air;Hot Water;Natural Gas;Zoned;
Marketing Name:
Best Western Plus
Roof:
Flat Torch Membrane
Sewer:
Public Sewer
Utilities:
Cable Connected;Natural Gas Paid;Electricity Connected;Water Connected;
Water:
Public
Zoning:
W-DC
Ownership:
Fee Simple
FEATURES: Central Air

Central Alberta REALTOR® Assoc.

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