GOOD CASH FLOW INDEPENDENT MOTEL
1. DESCRITION : 1 Storey 51 guest room plus 2 bed room mangersuite with 1.76 Ares land which built in 1978 and 2003 .
Very well matined moteland can convert as franchiseif new owner wish....
EXTRA LAND 2.7Acres
Option to buy future development land for Gas station, Car wash or retail shopping mall with $750,000
The local economy is heavily influenced by the agricultural, mining and oil field industries, both of which can have significant fluctuations due to world market conditions. According to Stats Canada, health care and social services (17%) make up the largest known industry followed by retail trade (14%), business services (11%), educational services (9%) and manufacturing (7%). Due to the range and availability of
amenities, the XXXXXXXX has become a central transportation and service hub for several surrounding communities.
2017(July 1, 2016 to June 30,2017) : $1,432,240,
2018 (July 17 2017 to June 30 2018 ) : $1,455,148 for 11.5Month
4.NOI 2019 :$643,082