For Sale · Hospitality

45 Service ROAD N, Moose Jaw

45 Service ROAD N, Moose Jaw, SK S6H4N7

$2.5M total

12,100 SF

Asset Class

Hospitality

Size

12,100 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

$207

Occupancy

90%

Year Built

1968

Lot Size

5.04 ac

About this property

Hotel full service located on No. 1 Highway And No. 2 Highway in Moose Jaw, SK. Home of "Mosaic Potash Mine" 44 km west of Regina and Temple Mineral Spa. Strong growth, agriculture, tourism. Great visibility. Great access to this 80 room hotel/motel. 50 full service hotel, interior halls, pool. 50 seat full serve restaurant. Bonus is the OFF SALE LICENCE. Note: this hotel is not flagged priced to sell. 30 unit motel is separate. Large 5 acres size. Conference rooms. Can also convert to a care home or a private school, you decide. Will sell fast, CALL TO VIEW. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$136K

Annual cash flow

$-2K

Cash-on-cash

-0.29%

DSCR

0.98

Going-in cap

5.45%

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
Vector Robotics10,830 SF2028-02

Area demographics

Trade area within 3 miles of the property.

Population

102,754

Households

42,519

Median income

$120,500

Median age

33.4

Daytime population

135,835

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 45 Service ROAD N, Moose Jaw.

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.