7474 Gaetz (50) AV, Red Deer, Alberta
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Great Location and busy motel. Many upgrades have been done over the last two years. Appraisal was done for Servus Credit Union in 2013 and valued at $6,300,000. First Mortgage of $2,400,000 at 4% interest is assumable by the right buyer as well as the seller is prepared to carry up to $1,000,000. 72 rooms, meeting room, gym and Restaurant. Suites are in various capacities and sizes. Have a look at it and have your accountant analyze the opportunity. We are happy to show it to you.