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For Sale · Hospitality

31 and 11 Main STREET, Leoville

31 and 11 Main STREET, Leoville, SK S0J1N0

$729,900 total

3,330 SF

Asset Class

Hospitality

Size

3,330 SF

Building class

Zoning

CHY — Highway Corridor

$ / SF

$219

Occupancy

96%

Year Built

2019

Lot Size

0.54 ac

About this property

This Business Opportunity can be yours, very reasonably priced, and its ready for you to make it your own. This immaculate , very well cared for Motel, Suite, Car Wash, laundry room, and Garage is located in the community of Leoville. This unit is equipped with 10 rooms, 1 wheel chair accessibility, and 1 laundry and utility room. These rooms are beautifully decorated, and all rooms have all the amenities, coffee pot, utensils, air fryers, dishes and more. As you walk thru this property you can see the seller is very meticulous and cares for the property. Take your tour today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$730K

Down payment30% · $219K

Interest rate6.25%

Amortization25 years

Occupancy96%

Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$57K

Annual cash flow

$17K

Cash-on-cash

7.71%

DSCR

1.42

Going-in cap

7.85%

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)

Tenant	Suite	Area	Rent / SF	Expiry
Prairie Coffee Roasters	230	1,962 SF	$25.57	2034-11
Prairie Coffee Roasters	230	762 SF	$25.69	2034-11
Prairie Coffee Roasters	230	400 SF	$25.33	2034-12
Prairie Coffee Roasters	230	400 SF	$25.45	2034-11

Area demographics

Trade area within 3 miles of the property.

Population

79,841

Households

33,388

Median income

$115,500

Median age

31.4

Daytime population

122,636

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 31 and 11 Main STREET, Leoville.

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.