I have listed a new property at 1850 YELLOWHEAD TRAIL in Edmonton.
Excellent investment opportunity in NE Edmonton. Very prominent location along Yellowhead Trail (Hwy 16), minutes from all amenities. This Motel, mobile home, RV and Trailer Park has mostly long-term tenants, some are for >20 years and others are monthly tenants. Only sometimes it receives weekly and/or daily guests. Motel building is 2,288 SF and has 6 guest rooms, a laundry room and communal bathroom. Two fully equipped renovated mobile homes are included in the sale. There are 9 winterized RV stalls, 6 non-winterized stalls. Situated on a 0.79 acre lot has huge potential. Historically it runs at a very high occupancy. Very good ROI!