FRANCHISE HOTEL IN AB
DESCRIPTION: Well built 66 room, Four Storeys, Fitness Room swimming pool which was built as Best Western .
SITE AREA: 2.35 Acres
ZONING: Highway Commercial District
BREAKDWON OF ROOM 66 Unit ( Queen 1, Double Queen 53, King King Suite 3, King Jacuzzi Suite 2 )
REVENUE (September 30 ) 2018 : $1,200,209 , NOI $530,941
2019 : $1,100,091, NOI $434,861
Agriculture remains a major industry in the XXXXXXXXX, but is complemented by a mix of other industrial growth. Oil & gas wells contribute significantly to the local economy. About 50 km west of XXXX is
one of the largest sour gas developments in the world. The xxxxxxxx has been estimated to contain 2 trillion cubic feet of reservoir fluids composed of roughly equal amounts of natural gas natural gas liquids and hydrogen sulfide. Shell Canada is spearheading this development.