For Sale · Hospitality

Hinton

Hinton, AB T7V0O0

$2.5M total

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Asset Class

Hospitality

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

Lot Size

0.7699999999999999 ac

About this property

Excellent opportunity to own a well-positioned motel in Hinton, Alberta, offering multiple revenue streams in a highly visible location along Highway 16. The property features 29 guest rooms, a bar and a liquor store business and benefits from strong highway exposure and convenient access for travellers. In addition, the property includes leased retail spaces. An ideal opportunity for an owner-operator or investor seeking a hospitality property with a complementary commercial revenue stream in a strategic Hinton location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$196K

Annual cash flow

$58K

Cash-on-cash

7.68%

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.

Area demographics

Trade area within 3 miles of the property.

Population

112,973

Households

42,925

Median income

$73,500

Median age

41.6

Daytime population

161,632

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for Hinton.

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.