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$750,000 total
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Asset Class
Hospitality
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
91%
Lot Size
0 ac
Hotel, Restuarant with Property For Sale Investors and entrepreneurs — this busy, family-owned and operated hotel offers multiple income streams and exceptional value. Very well maintained, this 2-storey hotel is located west of Edmonton in rural Alberta, just off the Yellowhead Highway — a key gateway to the Rocky Mountains and Jasper. The location attracts motorcyclists from Edmonton and consistently hosts workers from the oil and gas sector.This well-rounded investment includes:Country Bar: 150 capacity (seating for 80), 5 VLTs, patio with 48 capacity, large event beer garden with 285 capacity, ATM, pool table, and juke box.Restaurant: Seating for 42Hotel: 23 updated guest roomsLiquor Store: With walk-in coolerLaundromatStorefront Space: Currently used as a temporary tattoo parlour during summer bike events; previously operated as a salonTwo On-Site Garages: Ideal for storageAdditional Parking: Vacant lot across the street maybe includedThe exterior showcases the famous Murals, created by legendary tattoo artists, which add strong visual appeal and attract visitors.Please note that there are numerous recent updates across the hotel rooms, restaurant, Pub/Bar, Liquor Store, VLTs, ATM machine, Sound system, TVs, Building Fire code just to name a few. This property is really cared for that demonstrate true pride of ownership, family retiring, ready to take over by fresh hands with potentials to take it to the next level.Business and 15,000 Square feet building (mutiple lots 1,2 & 3-9) selling fully Furnished and as is - Further details maybe available with signed non-disclosure. Price reduced to sell...Please note all inquiries must be directed to the listing agent. (id:66811)
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Monthly debt service
$3K
Projected NOI
$50K
Annual cash flow
$9K
Cash-on-cash
3.97%
DSCR
1.22
Going-in cap
6.73%
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.
Trade area within 3 miles of the property.
Population
132,614
Households
46,257
Median income
$72,500
Median age
41.9
Daytime population
150,058
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 4830 51 Ave, Wildwood, AB T0E 2M0, Canada, Wildwood.
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.