For Sale · Hospitality

405 Ogilvie STREET, Moosomin

405 Ogilvie STREET, Moosomin, SK S0G3N0

$6.2M total

32,760 SF

Asset Class

Hospitality

Size

32,760 SF

Building class

C

Zoning

CHY — Highway Corridor

$ / SF

$189

Occupancy

96%

Year Built

2012

Lot Size

2.97 ac

About this property

Located off the Trans-Canada Highway, this basic motel is also a 6-minute walk from Moosomin Community Theatre and 17 km from Moosomin Regional Park. The straightforward rooms offer free Wi-Fi, flat-screen TVs with premium cable channels, sitting areas and kitchenettes. Kids stay free with an adult. The motel offers free coffee and parking. There's also a coin-operated laundry, as well as meeting rooms. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$6.20M
Down payment30% · $1.86M
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$29K

Projected NOI

$461K

Annual cash flow

$118K

Cash-on-cash

6.33%

DSCR

1.34

Going-in cap

7.44%

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
Vector Robotics31,581 SF2033-11

Area demographics

Trade area within 3 miles of the property.

Population

92,580

Households

34,186

Median income

$134,500

Median age

38.1

Daytime population

132,359

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 405 Ogilvie STREET, Moosomin.

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.