5110 50 Avenue

* 51 Guest rooms, 1 manager suite, 2 staff rooms(can be converted to guest rooms) * 11 Kitchenettes * Have 4 bedroom suite and triple bedroom for big family group * Mixed customer groups such as oil workers, construction workers, and travellers * Most customers are long term customers * Winter time, about 8 monthly rents and summer time, about 15 monthly rents(5 rooms are rented out throughout a year) * Easy operation(currently manager operating) * A water tank replaced in 2022 and a dryer replaced in 2023 * 2 full capacity boilers, so do not worry about boiler problem * Convenient location for customers between liquor store and seven eleven * Good cap rate * Owner retiring