4731 - 48 Street, Mannville, AB T0B 2W0, Mannville4731 - 48 Street, Mannville, AB T0B 2W0, Mannville — photo 24731 - 48 Street, Mannville, AB T0B 2W0, Mannville — photo 34731 - 48 Street, Mannville, AB T0B 2W0, Mannville — photo 44731 - 48 Street, Mannville, AB T0B 2W0, Mannville — photo 54731 - 48 Street, Mannville, AB T0B 2W0, Mannville — photo 64731 - 48 Street, Mannville, AB T0B 2W0, Mannville — photo 74731 - 48 Street, Mannville, AB T0B 2W0, Mannville — photo 8
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For Sale · Hospitality

4731 - 48 Street, Mannville, AB T0B 2W0, Mannville

4731 - 48 Street, Mannville, AB T0B 2W0, Mannville, AB T0B2W0

$400,000 total

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Asset Class

Hospitality

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

83%

Lot Size

1.08 ac

About this property

12-room motel with attached restaurant on a 47,000 sq ft commercial parcel at the intersection of Highway 16 (Yellowhead) and Secondary Highway 881 in the Village of Mannville. Property is currently not in operation and is being offered as a repositioning, owner-operator, or redevelopment opportunity.Approximately 6,850 sq ft single-storey wood-frame building constructed in 1981, situated on 4 contiguous lots (fee simple, clean title). Mannville is positioned on a high-traffic east-west corridor between Edmonton (1 hr 15 min) and Lloydminster (45 min), with the 881 corridor servicing the Elk Point to Hardisty oilfield route. Building systems, mechanical condition, and zoning compliance to be verified by buyer through due diligence. All measurements and details to be verified by the buyer. Showings by appointment through listing brokerage. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$400K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$-3K

Cash-on-cash

-2.89%

DSCR

0.84

Going-in cap

4.67%

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

54,372

Households

22,611

Median income

$134,000

Median age

37.3

Daytime population

61,438

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 4731 - 48 Street, Mannville, AB T0B 2W0, Mannville.

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.