I have listed a new property at 4004 Highway 2 S in Athabasca. See details here
Conveniently located near Highway 2, the Old Brick School, and the Athabasca Native Centre. Features include on-site laundry, barbecue grills, a conference center, and a fitness room. Easy to operate — primary clientele consists of long-term workers. Includes a manager’s suite with 1 bedroom, 1 bathroom, kitchen, and living room. Just 90 minutes from Edmonton and 3 hours from Fort McMurray. NOTE: <1> Revenue (ear end March 31), 2023: $900,460, 2024: $910,736, 2025: $932,327. <2> NOI: 2023: $605,000, 2024: $612,000, 2025: $668,000. <3> Year built: 1979 (26 rooms), 2001 (10 rooms)