For Sale · Hospitality

CANAM Country Inn, Oungre

CANAM Country Inn, Oungre, SK S0C2M0

$225,000 total

5,036 SF

Asset Class

Hospitality

Size

5,036 SF

Building class

B

Zoning

CHY — Highway Corridor

$ / SF

$45

Occupancy

88%

Year Built

1987

Lot Size

5 ac

About this property

the Iconic CAN/AM Country Inn is for Sale. Located right off of Highway #35 at Oungre, the business and building provide an excellent opportunity for someone wanting to run their own bar and restaurant. The building is already outfitted with the essential kitchen equipment including, freezers, coolers, pool table etc to get you started. There is also six hotel rooms connected to supplement your business. The owners are wishing to sell, but will entertain a lease as well. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$225K
Down payment30% · $68K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$910

Cash-on-cash

1.35%

DSCR

1.07

Going-in cap

5.95%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.4,437 SF2028-10

Area demographics

Trade area within 3 miles of the property.

Population

105,761

Households

41,205

Median income

$78,500

Median age

41.5

Daytime population

144,466

5-yr growth

9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for CANAM Country Inn, Oungre.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.