4606 50 Street, Valleyview, Alberta T0H 3N0

Fully renovated Cement block and stucco 35 rooms( 10 Kitchen), 2 bedroom manager with 3.355 Acres land situated on the junction of Highway 43 leading to British Columbia and Alaska via Grande Prairie and the north south stretch of Highway 49 towards Donnelly and Alberta Highway 2 towards Peace River. Valleyview's economy is primarily resource driven with oil and gas being the predominant industry. Multiple oil and gas companies operate in the area with several pipelines in the vicinity. Another notable employer in Valleyview is the Municipal District of Greenview, which has its main administrative office and several departments situated within town limits. The town is also a regional hub for medical services.-Revenue details : 2023 : $548,411, NOI)2023 :$271,082, Owner spent about $600,000 for the renovation. -Valleyview Horizon Inn 1 (99 rooms with leased restaurant) is for sale(A2103654) also and the owner is same as Horizon Inn 2 .Horizon Inn 2 is operating by at Horizon Inn 1 front system and the price , operation and profit can be better by purchasing Horizon Inn 1 & 2 together. (id:27476)

Completely refurbished, the Horizon Inn 2 is a cement block and stucco building with 35 rooms, including 10 with kitchen facilities. The property also includes 3.355 acres of land and a two-bedroom manager's residence. It is strategically located at the junction of Highway 43, leading to British Columbia and Alaska via Grande Prairie, and the north-south stretch of Highway 49 towards Donnelly and Alberta Highway 2 towards Peace River.

Valleyview's economy is heavily reliant on the resource sector, particularly oil and gas. The area is home to multiple oil and gas companies, as well as several pipelines. The Municipal District of Greenview, another major employer in Valleyview, has its main administrative office and several departments located within the town. Additionally, Valleyview serves as a regional hub for medical services.

The revenue details for 2023 indicate that the property generated $548,411, with a net operating income of $271,082. The owner invested approximately $600,000 in the renovation of the property. The Horizon Inn 1 is also listed for sale (A2103654) and shares the same owner as Horizon Inn 2.

This property, with a land size of 3.35 acres, is situated at 4606 50 Street in the city of Valleyview, Alberta, with the postal code T0H3N0.