For Sale · Hospitality

720 8TH STREET W, Nipawin

720 8TH STREET W, Nipawin, SK S0E1E0

$1.6M total

6,800 SF

Asset Class

Hospitality

Size

6,800 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

$234

Occupancy

93%

Year Built

1962

Lot Size

2.06 ac

About this property

All measurements are approximate and to be verified by buyers/buyers' agent. Obtaining information packages by signing an NDA (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.59M
Down payment30% · $477K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$102K

Annual cash flow

$13K

Cash-on-cash

2.83%

DSCR

1.15

Going-in cap

6.39%

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 Robotics6,344 SF2030-11

Area demographics

Trade area within 3 miles of the property.

Population

134,894

Households

50,912

Median income

$120,500

Median age

31.7

Daytime population

158,320

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 720 8TH STREET W, Nipawin.

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.