3-storey freestanding hotel only 50 minutes from Calgary. Opportunity to take over an established business that has a variety of income streams. A 50-seat restaurant that has a room dedicated to holding small functions and leased out for $45,000/year, and a 190-seat pub with 7 VLTs leased out for $100,000/year. The top 2 floors have 30 rooms all in good condition and a 2-bdrm manager's suite. The hotel currently has over 20 rooms leased by long-term tenants, from which owner gets about $10,000-11,000/mo. No experience necessary, great investment business. All viewings by appointment. Please do not approach the staff without appointment. Thank you!
Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3