5204 Highway Street, Valleyview, Alberta T0H 3N0

Listed for:
$3,790,000
0 beds
0 baths
Listed 104 days ago
5204 Highway Street, Valleyview, Alberta T0H 3N0

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Listing provided by:
MaxWell Canyon Creek
MLS® number:
A2103654
Agent:
Francis C. Lee
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About

99 rooms , leased restaurant with 3.69 Acres land (2 Executives, 14 Kitchenette, 6 Kitchenette suites, 26 Single, 50 Double) 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 detail ) 2023 :$1,271,028, NOI)$451,538 , -Horizon inn 2(35 rooms) is for sale((A2103514) and the owner is same as Horizon Inn 1. 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)

Property Highlights

Type
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No
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Amenities nearby

Location

Summary

For sale is a 99-room leased restaurant with 3.69 acres of land, featuring 2 executive rooms, 14 kitchenette rooms, 6 kitchenette suites, 26 single rooms, and 50 double rooms. The property is strategically located at the junction of Highway 43, leading to British Columbia and Alaska via Grande Prairie, and Highway 49 towards Donnelly, as well as Alberta Highway 2 towards Peace River.

Valleyview's economy is heavily reliant on the oil and gas industry, with multiple companies operating in the area and several pipelines nearby. The Municipal District of Greenview, a significant employer in Valleyview, has its main administrative office and several departments within the town limits. Additionally, Valleyview serves as a regional hub for medical services.

The revenue details for 2023 show a total of $1,271,028, with a net operating income (NOI) of $451,538. The property, known as Horizon Inn 2, is currently listed for sale under the same ownership as Horizon Inn 1 (id:27476).

This property, located at 5204 Highway Street in Valleyview, Alberta, spans 3.05 acres and is available for purchase. The postal code for this property is T0H3N0.