$999,000

COM · MLS® A2278426
18,027Sq Ft
1948Year Built
02 / Overview

PROPERTY OVERVIEW

Stettler County is emerging as a key player in Alberta’s renewable energy landscape, with major projects like the Red Willow and Stettler Solar initiatives integrating lithium-ion battery storage systems. While not a lithium extraction site, the region is actively supporting the growing demand for clean energy and advanced energy storage solutions—positioning itself as a future-ready hub in Alberta’s energy transition. This property features a total of 23 rentable rooms. It includes two spacious two-bedroom apartments, nine kitchenette rooms for workers,...

03 / Details

PROPERTY DETAILS

Property TypeCOM
Building TypeHotel/Motel
Total Finished Area18,027 sq ft
ZoningC-1
Basement{}
Year Built1948
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,844After mortgage & expenses
Cap Rate1.3%Based on market rents
Cash on Cash Return-23.1%With 20% down payment
Est. Monthly Rent$2,000Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN WEST

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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
Presented By

Jason Choi

First Place Realty