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
Transaction Type
For Sale
Days On Market
21
Business Name
Park Hill Inn & Suite Red Deer
Business Type
Hotel/Motel
Zoning
C1
Year Built
2005
Property Type
Commercial
Building Area (Sq. Ft.)
37000.00
Lot Size (Sq. Ft.)
77536
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 .
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Days On Market
21
21
Business Name
Park Hill Inn & Suite Red Deer
Park Hill Inn & Suite Red Deer
Business Type
Hotel/Motel
Hotel/Motel
Zoning
C1
C1
Subdivision
Downtown Red Deer
Downtown Red Deer
Building Type
Free-Standing
Free-Standing
Year Built
2005
2005
Structure Type
Hotel/Motel
Hotel/Motel
Property Type
Commercial
Commercial
Property Sub Type
Hotel/Motel
Hotel/Motel
Legal Plan
1023366
1023366
Building Area (Sq. Ft.)
37000.00
37000.00
Building Area (Sq. M.)
3437.38
3437.38
Lot Size (Sq. Ft.)
77536
77536
Lot Size (Acres)
1.78
1.78
Inclusions
See Chattels list
See Chattels list
Restrictions
Utility Right Of Way
Utility Right Of Way
Reports
RPR
RPR
