For Sale · Hospitality

304 King Edward STREET, Davidson

304 King Edward STREET, Davidson, SK S7K2Y7

$888,000 total

9,834 SF

Asset Class

Hospitality

Size

9,834 SF

Building class

A

Zoning

CHY — Highway Corridor

$ / SF

$90

Occupancy

90%

Year Built

1980

Lot Size

0.96 ac

About this property

Established 24-Room Motel Between Regina & Saskatoon Proven Business • Operational Simplicity • Flexible Ownership Located at the intersection of Highway 11 and Highway 44 between Regina and Saskatoon, Jubilee Motor Inn offers the opportunity to acquire a well-established hospitality business with a proven operating history. For many years, the motel has served contractors, commercial travellers and highway guests, building a loyal base of repeat customers through consistent service and dependable operations Offering 24 guest rooms (1 King, 13 Queen and 10 Double Rooms), the property is ideally sized for efficient management while providing strong revenue potential. Its straightforward operating model, manageable scale and established clientele create an attractive opportunity for buyers seeking a business that is ready to operate from day one. The property has been carefully maintained and continuously improved. In 2024, all ground-floor guest rooms were extensively renovated with updated furnishings, and the high-speed internet system was upgraded to enhance the guest experience. A spacious two-bedroom owner's residence, together with a separate manager's suite, provides exceptional flexibility for owner-operators or professionally managed operations. One of the business's key strengths is its operational efficiency. The current ownership has demonstrated that the motel can be successfully operated with a lean staffing model, reducing reliance on full-time owner involvement while maintaining consistent day-to-day operations. Situated along one of Saskatchewan's primary transportation corridors, Jubilee Motor Inn is well positioned to benefit from continued regional commercial activity. The roof on the motels just replaced (Aug 2026). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$888K
Down payment30% · $266K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$53K

Annual cash flow

$4K

Cash-on-cash

1.36%

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
Blue Harbour Design2,805 SF2027-10
Blue Harbour Design1,928 SF2027-10
Blue Harbour Design4,147 SF2027-10

Area demographics

Trade area within 3 miles of the property.

Population

60,773

Households

22,503

Median income

$126,500

Median age

37.8

Daytime population

86,632

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 304 King Edward STREET, Davidson.

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.