1/15905 4TH STREET, Estevan
905 4TH STREET, Estevan, SK S4A0W2
$299,000 total
0 SF
Asset Class
Hospitality
Size
0 SF
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
94%
Year Built
1968
Lot Size
0.35 ac
About this property
Exceptional Investment Opportunity – 23-Unit Motel in Estevan! Located in one of Saskatchewan's major oil, energy, and industrial hubs, this 23-unit motel offers tremendous value-add potential for investors and owner-operators alike. Featuring 17 single rooms, 6 double rooms, on-site manager accommodations, and ample parking, the property is well-positioned for future growth. Seller has approved development plans and permits available, providing additional upside opportunities. Conveniently located near Main Street and local amenities. Property is being sold strictly "As Is, Where Is." A rare chance to build equity and unlock the full potential of a hospitality asset in a strong economic market. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$18K
Annual cash flow
$2K
Cash-on-cash
1.99%
DSCR
1.11
Going-in cap
6.14%
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.
Area demographics
Trade area within 3 miles of the property.
Population
40,424
Households
16,591
Median income
$103,000
Median age
35.1
Daytime population
36,028
5-yr growth
8.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 905 4TH STREET, Estevan.
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.