0 N/A, Whitecourt, Alberta, T7S1N8, Whitecourt, AB

$2,490,000
Est. Mortgage /mo

MLS® E4379153

$2,490,000
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
587-355-2343
Go See This Home Now
lot 95396 sqft
22000 sqft
1979 built
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Schools
Crime
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Property details

Located at the entrance of Whitecourt, this franchise hotel boasts both profitability and exceptional investment value. Situated on 2.2 acres of prime land, the property features 62 guest rooms, including 6 suites and 14 kitchenette rooms, a 60-seat lounge with 10 VLTs, a 92-seat restaurant, and a 60-seat banquet room with a party room accommodating 4 pool tables. The guest rooms cater primarily to long-term stays, with a focus on clientele from the oil and gas industry, while the bar and restaurant attract both locals and visitors alike. Since the onset of COVID-19, there has been a steady increase in revenue and income. The current owner has been operating the business for a decade since 2014 and is now looking to retire. With a staff of 18 employees, the business recorded $1.55 million in revenue for the fiscal year ending February 2023. (Given that the fiscal year for this corporation ends at the end of February, the revenue reported in the 2023 financial statements largely represents that of 2022.) (id:26763)

Location Details
Area Canada
State Alberta
City Whitecourt
Postal Code T7S1N8
Property Metrics
Floor Area Total (Sq.ft) 22000
Financial Details
List Price 2,490,000

Neighborhood Info

Private Schools
Secondary,Elementary
Covenant Canadian Reformed School
Above Average
39.96 km
No Rating
Details
Secondary,Elementary
Covenant Canadian Reformed School
Above Average
39.96 km
No Rating
Details
Closest Transit
Edmonton
Jennifer Heil Way & Grove Drive
129.49 km

The closest Elementary independent school to this home for sale located at 0 N/A, Whitecourt, Alberta, T7S1N8 is Covenant Canadian Reformed School with School's rating No Rating, located 39.96 km from this home.

The closest to this address 0 N/A, Whitecourt, Alberta, T7S1N8 Secondary independent school is Covenant Canadian Reformed School with School's rating No Rating, located 39.96 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 1,292 volation disturbances in this neighbourhood. The overall crime rate near the address - 0 N/A, Whitecourt, Alberta, T7S1N8, Whitecourt, AB is 12,630.76. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is -10.3%

Drug crime rate next to the listing for sale MLS® E4379153 is High comparing to other neighbourhoods. The illegal substances offences rating is 488.81. This is the amount of drug crime incidents per 100,000 population. There were 50 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 34.0%

Property crimes in the neighbourhood close to real estate listing for sale 0 N/A, Whitecourt, Alberta, T7S1N8 are Above Average. Property misconduct rating adjacent to MLS® E4379153 is 6,315.38. There were 646 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -8.1%

There were 287 violent lawbreaking disorders in 2020. 2,805.75 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 4.3%

The closest Bus station is Jennifer Heil Way & Grove Drive in 129.49 km away from this listing with - MLS® E4379153.

10.3% of people with university certificate/degree live in this neighbourhood adjacent to the 0 N/A, Whitecourt, Alberta, T7S1N8 which is Below Average in comparison with other BC neighbourhoods. 24.6% of population in this neighbourhood that is near the Listing MLS® E4379153 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 0 N/A, Whitecourt, Alberta, T7S1N8, Whitecourt, AB is $105452 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® E4379153 is $46618 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.8% which is High.

Unemployment rate in the area around MLS® Listing # E4379153 is 13.2 which is High in comparison to the other province neighbourhoods.

This real estate is located in 0 N/A, Whitecourt, Alberta, T7S1N8 where population change between 2011 and 2016 was 6.2%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 0 N/A, Whitecourt, Alberta, T7S1N8, Whitecourt, AB is 386 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 0 N/A, Whitecourt, Alberta, T7S1N8 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® E4379153 is 65.2% and it is Above Average. % of Married or living common law is around 60.5% and it is Average.

Average age of the population close to the 0 N/A, Whitecourt, Alberta, T7S1N8 is 33.4 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 0 N/A, Whitecourt, Alberta, T7S1N8, Whitecourt, AB is $333130 and this is Average comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 0 N/A, Whitecourt, Alberta, T7S1N8. $1484 owners spent in average for the dwelling. Tenants are paying $1302 in this district close to MLS® E4379153 and it is Above Average comparing to other cities.

30.2% of Population in this district near the 0 N/A, Whitecourt, Alberta, T7S1N8 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 0 N/A, Whitecourt, Alberta, T7S1N8, Whitecourt, AB is 5.2%, it is Below Average, % of English speakers only is 94.2% and Above Average. % of French speakers adjacent to 0 N/A, Whitecourt, Alberta, T7S1N8 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 0 N/A, Whitecourt, Alberta, T7S1N8, Whitecourt, AB is 0.4% and it is Below Average comparing to other BC cities.

1.5% of all population in the area around this property with the address 0 N/A, Whitecourt, Alberta, T7S1N8, Whitecourt, AB using Public Transport which is Low, 91.5% of using population are using Cars around MLS® E4379153, which is Above Average. 0.6% of people using Bicycles around the 0 N/A, Whitecourt, Alberta, T7S1N8 and it is Below Average. 5.6% of population are walking which is Above Average

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Local Info

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Home Price
Down Payment
Interest Rate
Loan Type
/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
587-355-2343
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