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Business Partners are required to develop a 0.6 hectare fully serviced site available for the development of a motel or hotel in Nordegg Alberta. Hotel lot is adjacent to a golf course, a newly built Shell-branded service station, and general store.

Hotel footprint

· A hotel with a max 16,000 sq. ft. foot print
· Max 3 floors
· Should have a water slide
· Minimal restaurant facilities to start
· Budget based on 36,000 sq. ft. and $230/ Sq. ft. construction costs= $8,300,000
· Furnishings and equipment- $1,000,000
· Prefer branded major hotel chain
· Owner to provide the land and up to $500,000 in cash Owners are builders
· Owners would prefer to partner with a single individual or entity

With existing accommodations in Nordegg being very limited, and with the increased growth of visitors to the area the need for a new hotel or motel is now warranted.

Investment level of 10,000,000
Financing can be arranged with a 40% down payment.

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