For Sale · Hospitality

1304 park AVENUE E, Esterhazy

1304 park AVENUE E, Esterhazy, SK S0A0X0

$1.6M total

9,010 SF

Asset Class

Hospitality

Size

9,010 SF

Building class

A

Zoning

CHY — Highway Corridor

$ / SF

$178

Occupancy

86%

Year Built

1981

Lot Size

1.19 ac

About this property

The Sunset Inn 24 rooms, is a well-maintained, interior-corridor hotel located in Esterhazy, Saskatchewan, offering a turnkey hospitality investment opportunity. The property features 24 renovated guest rooms, a spacious Four-Bedroom, Two-Bath on-site manager’s residence (Includes 2 car Garage, Large Workshop, and Shed), providing strong operational flexibility and owner-operator appeal. The hotel underwent an extensive, comprehensive renovation in 2024–2025, including a full interior, exterior, and mechanical overhaul. Upgrades encompassed all guest rooms, hallways, laundry facilities, mechanical systems, office space, and the manager’s residence, resulting in a modernized asset with significantly reduced near-term capital expenditure requirements. Operating near Saskatchewan's largest Potash mine (Mosaic) it has become a favourite to trades people and construction workers due to the large rooms, kitchenette's, and ample parking. Adjacent to Esterhazy's premiere restaurants, convenience stores it continues to remain fully occupied. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.60M
Down payment30% · $480K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$452

Cash-on-cash

0.09%

DSCR

1.01

Going-in cap

5.57%

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.4,358 SF2034-02
Cascade Foods Inc.1,902 SF2034-02
Cascade Foods Inc.833 SF2034-02
Cascade Foods Inc.656 SF2034-02

Area demographics

Trade area within 3 miles of the property.

Population

138,360

Households

58,310

Median income

$70,000

Median age

43.5

Daytime population

189,552

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 1304 park AVENUE E, Esterhazy.

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.