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$1.5M total
13,800 SF
Asset Class
Hospitality
Size
13,800 SF
Building class
B
Zoning
CB2 — Central Business
$ / SF
$108
Occupancy
83%
Year Built
2011
Lot Size
2.29 ac
Located in the heart of Shaunavon, Saskatchewan, the Bears Den Motel presents an exceptional business opportunity. Shaunavon is a thriving community driven by the oil, gas, helium, and agriculture sectors, ensuring a steady stream of guests to your property. The Bears Den Motel boasts a total of 50 units, thoughtfully designed to cater to a diverse clientele. Among these, 38 are one-bedroom units and 12 are two bedroom units. Additionally, the property includes 10 well-appointed kitchenette units, providing guests with the convenience of home. The motel has been meticulously maintained, ensuring that your investment remains in pristine shape. This commitment to quality extends back to its construction in 2011 and the subsequent expansions in 2014 and 2015, which have increased its capacity and revenue potential. As an added bonus, the property features a comfortable two-bedroom living quarters with two bathrooms. The Bears Den Motel's strategic location positions it as the preferred choice for both business and leisure travelers. Its proximity to key amenities further enhances its appeal, making it an attractive option for a wide range of guests. With a proven track record as an income generator and the region's economic growth potential, The Bears Den Motel is a turnkey opportunity. The property's impeccable condition requires no immediate investment, allowing you to start realizing returns promptly. Comprehensive financial records are available following the execution of a nondisclosure agreement. Don't miss out on the chance to own a piece of Shaunavon's success story. Share sale available contact listing agent for more information. Details upon request. This is an unbelievable chance to own a thriving business in a growing community. Don’t miss out—your dream business awaits in Shaunavon! (SK029396) Contact me today to schedule a viewing. (id:66811)
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Monthly debt service
$7K
Projected NOI
$68K
Annual cash flow
$-15K
Cash-on-cash
-3.25%
DSCR
0.82
Going-in cap
4.57%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 11,426 SF | 2033-09 |
Trade area within 3 miles of the property.
Population
43,237
Households
20,490
Median income
$105,000
Median age
45.4
Daytime population
64,335
5-yr growth
0.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 554 5th AVENUE W, Shaunavon.
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.