









1/116011 49 St, Barrhead, AB T7N1N1
$2.8M total
—
Asset Class
Hospitality
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
99%
Year Built
1976
Lot Size
3.2 ac
Excellent opportunity to acquire a full-service hospitality property situated on approximately 3 acres in Barrhead, Alberta. The property offers multiple established revenue streams through hotel accommodations, food and beverage operations, VLTs, and banquet and event business.• 52 guest rooms and suites• Complimentary hot breakfast included with guest stays, a unique offering in the Barrhead hotel market• 9 VLTs providing an additional revenue stream• Crown & Derby Pub, a separate licensed pub and bar operation• Garden Court Café, a separate full-service restaurant• Large banquet and event facility with approximately 200 seats• Approximately 120 restaurant seats and 80 lounge seats• Full commercial kitchen• Conference and meeting facilities• Approximately 3 - acre site with ample on-site parking• Excellent visibility and convenient access• Multiple revenue streams from hotel rooms, restaurant, pub, VLTs, banquets and events• Offered at $2,750,000• Financial information available to qualified purchasers upon execution of an NDA (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$13K
Projected NOI
$218K
Annual cash flow
$65K
Cash-on-cash
7.89%
DSCR
1.43
Going-in cap
7.91%
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
41,409
Households
15,264
Median income
$67,500
Median age
38.4
Daytime population
53,907
5-yr growth
8.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6011 49 St, Barrhead.
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.