For Sale · Hospitality

100 Kenosee DRIVE, Moose Mountain Provincial Park

100 Kenosee DRIVE, Moose Mountain Provincial Park, SK S0C2S0

$3.9M total

18,000 SF

Asset Class

Hospitality

Size

18,000 SF

Building class

A

Zoning

CB2 — Central Business

$ / SF

$216

Occupancy

83%

Year Built

1987

About this property

Kenosee Inn & Cabins: A Lakeside Retreat for Unforgettable Experiences. Nestled amidst the serene beauty of nature, the Kenosee Inn & Cabins is a premier destination that offers an exceptional blend of comfort, breathtaking views, and impeccable hospitality.With a total of 30 well-appointed rooms, the Kenosee Inn ensures that each guest enjoys a restful and rejuvenating stay. All rooms are meticulously designed to provide a captivating view of the lake. The on-site restaurant at Kenosee Inn provides delicious food and convenience for guests stay at the hotel or the cabins. Beyond the main hotel, Kenosee Inn offers 23 charming cabins that provide an lake life escape for those seeking a private getaway. These rentable cabins are thoughtfully designed, allowing guests to immerse themselves in the natural beauty of the surroundings while enjoying modern amenities and conveniences. The Kenosee Inn & Cabins takes pride in providing exceptional venues for both corporate and social gatherings. The convention room, capable of accommodating up to 100 people, offers a versatile space for conferences, seminars, and larger celebrations. Meanwhile, the meeting room, catering to up to 25 attendees, provides an intimate setting for more focused discussions and workshops. With a deep commitment to ensuring the success of every event, the Kenosee Inn offers catering services that elevate any occasion. In summary, Kenosee Inn & Cabins is not just a hotel and restaurant—it is a gateway to a blend of comfort and nature that the Moose Mountain Provincial Park provides. From the scenic lake views in the rooms to the cozy cabins, versatile event spaces, and exceptional restaurant and catering, every element is to help create an unforgettable experience for guests from all walks of life. Whether you're seeking a relaxing escape, planning a corporate event, or celebrating a special moment, Kenosee Inn & Cabins is here to help provide that. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.89M
Down payment30% · $1.17M
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$166K

Annual cash flow

$-50K

Cash-on-cash

-4.27%

DSCR

0.77

Going-in cap

4.26%

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)

TenantAreaExpiry
Cascade Foods Inc.7,796 SF2032-11
Cascade Foods Inc.3,754 SF2032-11
Cascade Foods Inc.3,444 SF2032-11

Area demographics

Trade area within 3 miles of the property.

Population

54,759

Households

22,368

Median income

$96,500

Median age

31.9

Daytime population

59,834

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 100 Kenosee DRIVE, Moose Mountain Provincial Park.

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.