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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

Excellent opportunity to own Jubilee Motor Inn, strategically located at the junction of Highways 11 and 44 between Regina and Saskatoon. The property has undergone significant recent improvements, including a complete renovation of all 12 ground-floor guest rooms in 2024–2025 and a major roof replacement in September 2026. The motel has recorded average annual revenue of approximately $295,281 over the past three years. Featuring 24 guest rooms, a spacious two-bedroom owner's residence, and a separate manager's suite, the property offers flexible ownership and management options. An established customer base, convenient highway location, and substantial recent upgrades make this an attractive turnkey hospitality investment. (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.