Provost, Alberta, T0B3S0
This hospitality in Provost is for sale offering roughly 10,500 sq ft of space. It has been on the market 159 days, fresher than the Provost average of 243 days.
Rare opportunity to acquire a well-established 27-room motel in the heart of Albertas active oilfield region. Deerhead Inn features 10 single rooms, 11 double rooms, 6 kitchenette rooms, and a 2-bedroom managers suite, serving primarily long-term oilfield and industrial workers. Successfully operated by the current ownership for approximately 15 years, the property benefits from a strong base of repeat corporate clientele, stable revenues, and straightforward operations with no restaurant or lounge operations. Significant capital improvements have been completed in recent years, including new roofing on all three buildings, new gutters and downspouts, multiple water heater replacements, sewer line replacement, parking lot gravel upgrades, electrical improvements, and various building maintenance updates. Strategically located along Highway 13 in Provost, this turnkey business offers attractive cash flow, strong operational history, and future growth potential through revenue optimization and expanded online marketing. An excellent opportunity for investors, owner-operators, or buyers pursuing business immigration opportunities with an established income-producing hospitality asset. (id:66096)
Long Listed: 159 days on market, against an average age of 243 days across the listings currently for sale in this city
This hospitality in Provost has been listed for 159 days, which is 84 days fresher than the city average of 243. Act while there is still low competition.
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