Log In/Sign Up
Your email has been sent.
Welcome Inn Motel 5125 North Avenue ave 32 Room Hotel Swan Hills, AB T0G 0B6 $1,119,206 USD ($34,975 USD/Room) 12.42% Cap Rate
EXECUTIVE SUMMARY
Great price on this 32-unit motel! Priced to sell! Built in 2009 with insulated concrete construction, complete with 800-amp electrical and a hydronic heating system with in-floor heating—this is a turnkey operation!
Situated on North Avenue in Swan Hills, this investment opportunity benefits from service industry clientele in the Big Lakes area. The site is on a 4.74-acre parcel zoned for highway commercial, with only 1.5 acres currently in use. There is potential for a restaurant or further expansion.
The motel also offers RV hookups for up to 15 RVs. Rooms consist of 16 one-bedroom and 16 two-bedroom units. Ceramic and laminate flooring throughout; fully air-conditioned.
Lots of room for expansion—great opportunity! Certified appraisal available. Has a 9% cap rate!
Situated on North Avenue in Swan Hills, this investment opportunity benefits from service industry clientele in the Big Lakes area. The site is on a 4.74-acre parcel zoned for highway commercial, with only 1.5 acres currently in use. There is potential for a restaurant or further expansion.
The motel also offers RV hookups for up to 15 RVs. Rooms consist of 16 one-bedroom and 16 two-bedroom units. Ceramic and laminate flooring throughout; fully air-conditioned.
Lots of room for expansion—great opportunity! Certified appraisal available. Has a 9% cap rate!
PROPERTY FACTS
| Price | $1,119,206 USD | Lot Size | 4.74 AC |
| Price Per Room | $34,975 USD | Building Size | 15,871 SF |
| Sale Type | Investment | No. Rooms | 32 |
| Cap Rate | 12.42% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 2009 |
| Property Type | Hospitality | Parking Ratio | 3.15/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C |
| Price | $1,119,206 USD |
| Price Per Room | $34,975 USD |
| Sale Type | Investment |
| Cap Rate | 12.42% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.74 AC |
| Building Size | 15,871 SF |
| No. Rooms | 32 |
| No. Stories | 1 |
| Year Built | 2009 |
| Parking Ratio | 3.15/1,000 SF |
| Corridor | Exterior |
AMENITIES
- Public Access Wifi
ABOUT 5125 NORTH AVENUE AVE , SWAN HILLS, AB T0G 0B6
A 32-unit motel including 16 one-bedroom suites and 16 two-bedroom suites. The motel also has RV hook up capabilities and room for expansion.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 32 | $64.99 USD | - |
1 1
1 of 22
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Welcome Inn Motel | 5125 North Avenue ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.