1/32Busby
Busby, AB T0G0H0
$378,000 total
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Asset Class
Hospitality
Size
—
Building class
B
Zoning
CHY — Highway Corridor
$ / SF
—
Occupancy
84%
Year Built
1905
Lot Size
0.39 ac
About this property
Exceptional Business Opportunity in Busby! Just 40 minutes from Edmonton, this 9-room hotel combines rustic charm with modern updates. Featuring a stained pine exterior for a contemporary twist, this mostly renovated (2017-2018) property is fully furnished and currently operating. Highlights include an 89-patron bar with 3 serving stations, beverage coolers, walk-in cooler, pool table, 3 VLTs and stylish pine-and-metal décor. Enjoy men’s & women’s washrooms, a welcoming outdoor patio for summer guests, and stunning countryside views. Located in a friendly hamlet with a great K-6 school. Financials not available—turnkey and ready for your vision! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$21K
Annual cash flow
$-201
Cash-on-cash
-0.18%
DSCR
0.99
Going-in cap
5.49%
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
62,754
Households
29,785
Median income
$71,500
Median age
43.7
Daytime population
106,150
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Busby.
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.