Property Overview: Seize the opportunity to own this exceptional 76-room Howard Johnson hotel, strategically located on E Gasoline Alley in Red Deer. This investment offers a highly attractive price per door of approximately $52,500. The property is well-maintained and offers a range of amenities designed to enhance guest experiences and boost profitability.
Property Features:
76 Spacious Rooms: Modern and well-appointed, each designed with guest comfort in mind.
Prime Location: Situated on E Gasoline Alley, providing excellent visibility and easy access to major highways and the bustling commercial district..
Area Highlights:
Proximity to Attractions: Located near key Red Deer attractions including Westerner Park, Alberta Sports Hall of Fame, and various shopping centers.
Commercial Hub: Gasoline Alley is a vibrant commercial district with numerous retail outlets, dining options, and entertainment venues.
Growing Population: Red Deer is one of Alberta’s fastest-growing cities, offering a steady flow of tourists and business travelers year-round.
Economic Stability: The area benefits from a diverse economy with strong sectors in oil and gas, agriculture, and healthcare, ensuring sustained demand for hospitality services.