Francis Lee
(403) 680-6130
MaxWell Canyon Creek
403-278-8899
4217 50 Avenue
Red Deer , Alberta T4N 3Z4
Red Deer , Alberta T4N 3Z4
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Hotel/Motel For Sale
$7,190,000
Red Deer, Alberta
Listing ID: 33497
MLS ID: A2277735
Red Deer Park Hill Inn & Suites is an 86-room, four-storey limited-service hotel on 1.78 acres along Gaetz Avenue. The building was originally completed in2005 as a Ramada but converted in 2011 into a Super 8 till 2024. Recently new owner upgraded throughout, the property offers strong brand-conversion potential (Sure stay Best Western brand, Ramada, Quality Inn and Super 8) and generated $1.73M in 2025 revenue. Its central location provides steady demand from highway traffic, industrial activity, and regional tourism. Future performance is expected to strengthen significantly with the Red Deer Regional Hospital Redevelopment and the expanding Red Deer Airport, both driving long-term increases in workers, medical travelers, and visitor traffic—positioning the hotel for higher occupancy and ADR growth.
Renovation: carpet, painting ,new 55” TV, new door lock, new mattress, micro waive and washer & dryer etc .
