|
Address: |
|
|
Legal: |
Lot 27A, Block 5, Plan 792-2166 & Lots 18 – 26, Block 5, Plan 1494
AC |
General
Description: |
This hotel
features five sections: the Stockyard Bar, a banquet room, the Rose
and Crown Pub, a restaurant and 67 rooms with private bathrooms.
Most of the rooms have been renovated. Lobby area is renovated along with hallways. There is an on site laundry
room with two
commercial washers and two commercial dryers. |
|
Land Size: |
Hotel complex is located on 58,806 sq ft [1.35 acres] with parking.
Addition land for parking is adjacent to hotel land containing
31,462 sq ft [.72 acres] with energized parking. Located on north
side of hotel at 2nd Avenue and 51 Street. Total land is
2.07 acres. |
|
Taxes: |
$41,184.37 [2007] |
|
Zoned: |
C-1 Retail
Commercial permitted use is Hotel or Motel |
|
Comments: |
There are on going renovation to Restaurant and Banquet room.
The Hotel owns all the Chattels. The Hotel has wireless Internet.
The telephone system is the latest Mitel system. The total property
has Video surveillance cameras inside and out. Room check in and
check out is computerized by IN CONTROL program. Present staff is
about 15 full plus 10 part time.
Room rates in 2009 are from $75.00 for single corporate customers
to $134.00 for a single kitchenette per night. |
|
VLT: |
VLT: there
are 10 machines with approval for 25 machines in a special gaming
room that is a sport bar. There are 4 ATM
cash machines. |
Environmental
Report: |
A current report is available that states there are no environmental
liabilities. A survey report is also available stamped by the Town
of Edson. |
Projected Net
Income 2008: |
adjusted 786,578.00 +/-
before mortgage and amortization. 2008 sales were $2.9 million.
Sales for 2009 are projected at $4.2 million. |
|
Price: |
$4,900,000.00 clear
title |
Edson, Alberta:
Click here to
see Edson maps |
Edson is located on the Yellowhead Highway, 200 km’s west of
Edmonton. The Yellowhead Highway is a four-lane highway that crosses
Alberta from Lloydminister to Jasper. Jasper is 160 km’s west of
Edson. Edson has a population of 9,000 with a trading area of
another 16,000.
Edson is the centre for oil
and gas activity in the area, plus the focal point for the logging
industry that takes place throughout the surrounding region. Edson
is also defined as the Slow Pitch Capitol of the World. Slow Pitch
Tournaments that attract teams from western Canada and the U.S.
happen every weekend during the late spring and summer months. |
|
Pictures:
Click to enlarge |
 |
| |
 |
|
CONTACT: |
Realty Executives
Meridian
Call Glen Gregory at 780-989-1330 |
| |
This
information for discussion purposes only.
|
