Monday 25 April 2016

10022 101 AV Lac La Biche, AB T0A2C0

Property Site: http://view.maxwellrealty.ca/home/3G276S
The subject 34 full service hotel was built originally in 1954 and it was expanded in 1980, 1989, and 2010. Several other renovations projects have been completed since its original construction include common amenities , restaurant, dining room, lounge, bar, liquor store, and other associated improvements. Flooring within the rooms primarily consists of laminate wood flooring with ceramic tile in bathrooms. There are 474 seat bar with the VLT gaming room contains 25 VLTs with off --track horse race, 158 seat dining room, 78 seat restaurant seat dining room. There ae 80paved parking stalls. Total revenue : $3,301,075, NOI : $378,245. Revenue detail )Room : $244,915, Liquor: $1,223,085,Commission(ATM &VLT)$415,815, Pool table : $53,494, Rental income from employee: $10,000 )
Bathrooms: 0.00
Price: $3,300,000

For more information about this property, please contact Francis C. Lee at (403) 253-5678 or francisleemaxwell@gmail.com. You can also text 3545906 to 67299.


See more listings at: www.francisleerealty.com


MLS ID: C1026968

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