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SOLD: 38 rooms Motel, West of Edmonton AB, $1,790,000

Posted on March 30, 2020 by ABC Commercial Group

SOLD: 38 rooms Motel, West of Edmonton AB, $1,790,000

-MOTEL WITH 38 ROOMS

-3 BEDROOM LIVING QUARTERS

-CONCRETE BLOCK CONSTRUCTIONON HWY 16 AND AT THE CENTRE OF THE TOWN

-TOWN INDUSTRY: OIL, NATURAL GAS, FORESTRY

-TOWN POPULATION: 8,414

-EDSON IS EXPECTED TO BENEFIT GREATLY FROM THE TRANS MOUNTAIN EXPANSION PROJECT APPROVED ON JUNE 18, 2019 SINCE IT IS RIGHT ON THE PIPELINE ROUTE

-THIS PROPERTY IS CURRENTLY IN THE PRE-FORECLOSURE STATUS.

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