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Welcome Inn Motel 5125 North Avenue ave 32 Room Hotel Swan Hills, AB T0G 0B6 $1,024,998 USD ($32,031 USD/Room) 13.85% 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 | $1,024,998 USD | Lot Size | 4.74 AC |
| Price Per Room | $32,031 USD | Building Size | 15,871 SF |
| Sale Type | Investment | No. Rooms | 32 |
| Cap Rate | 13.85% | 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 | $1,024,998 USD |
| Price Per Room | $32,031 USD |
| Sale Type | Investment |
| Cap Rate | 13.85% |
| 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 | $66.37 USD | - |
1 1
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Welcome Inn Motel | 5125 North Avenue ave
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