1/15102 9th W, Meadow Lake
102 9th W, Meadow Lake, SK S9X1Y4
$1.9M total
9,594 SF
Asset Class
Hospitality
Size
9,594 SF
Building class
C
Zoning
CHY — Highway Corridor
$ / SF
$193
Occupancy
95%
Year Built
1976
Lot Size
0.883425160697888 ac
About this property
Profitable and turn key hotel with 16 room, Lounge with 14 VLTs, off sale license and leased restaurant, near the first nation reserve in the city of Meadow lake, a hub of northern Saskatchewan. Recent upgraded roof and furnace and exterior paint. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$134K
Annual cash flow
$32K
Cash-on-cash
5.71%
DSCR
1.31
Going-in cap
7.25%
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 | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 5,647 SF | 2029-12 |
| Cascade Foods Inc. | 2,143 SF | 2029-01 |
| Cascade Foods Inc. | 1,325 SF | 2029-01 |
Area demographics
Trade area within 3 miles of the property.
Population
64,937
Households
25,114
Median income
$138,000
Median age
38
Daytime population
95,790
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 102 9th W, Meadow Lake.
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.