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Econo Lodge Inn & Suites Medicine Hat 773 8 St SW
56 Room Hotel Medicine Hat, AB T1A 4M5 $2,349,289 USD ($41,952 USD/Room)
Investment Highlights
- Located along Highway 1
- Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary
- Close proximity to restaurants, gas stations, hospitals and shopping centres
Executive Summary
Property Facts
Price | $2,349,289 USD | Building Size | 30,927 SF |
Price Per Room | $41,952 USD | No. Rooms | 56 |
Sale Type | Investment | No. Stories | 2 |
Sale Conditions | Business Value Included | Year Built/Renovated | 1964/2013 |
Property Type | Hospitality | Parking Ratio | 0.97/1,000 SF |
Property Subtype | Hotel | Corridor | Interior |
Building Class | B |
Price | $2,349,289 USD |
Price Per Room | $41,952 USD |
Sale Type | Investment |
Sale Conditions | Business Value Included |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Building Size | 30,927 SF |
No. Rooms | 56 |
No. Stories | 2 |
Year Built/Renovated | 1964/2013 |
Parking Ratio | 0.97/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
About 773 8 St SW , Medicine Hat, AB T1A 4M5
Rare opportunity to acquire one of the choice hotels, Econo Lodge Inn & Suites. Price includes land, building, business and equipment. Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary. Located along Highway 1 with dedicated entry and exit. Close proximity to restaurants, gas stations, hospitals and shopping centres. Motel, Liquor Store and Restaurant across the street are also available for sale. Hotel is currently operating as one of the choice hotels, Econo Lodge Inn & Suites. With excellent accessibility to Highway 1. Amenities include swimming pool, sauna, dedicated barbeque area. Single (34), Double bed (7), Double bed Kitchenette (15). Pet friendly and with free breakfast. With ample onsite parking available.
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 7 | $123.16 USD | - |
Guest Room | 49 | $80.45 USD | - |
zoning
Zoning Code | C-H (Highway Commercial) |
C-H (Highway Commercial) |
Presented by
Econo Lodge Inn & Suites Medicine Hat | 773 8 St SW
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