For Sale · Hospitality

12004 8 Street, Dawson Creek

12004 8 Street, Dawson Creek, BC V1G4Y5

$6.4M total

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Asset Class

Hospitality

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

96%

About this property

46-key limited service hotel operating as Aurora Park Inn & Suites, strategically located in Dawson Creek, British Columbia along the primary north-south corridor with direct access to Highway 2 and strong exposure to both regional and highway traffic. Dawson Creek serves as a busy commercial and service hub for the Peace Region, with core industries including oil and gas extraction, truck transportation, construction and related support services helping drive ongoing workforce travel and accommodation demand. Situated on approximately 0.84 acres zoned C3 – Highway Commercial, the property features a well-maintained two-story building with amenities including lobby and reception area, breakfast/kitchen space, fitness room, guest laundry facilities and paved on-site parking. The hotel offers a variety of room configurations, including standard and kitchenette units, and also includes a two-bedroom self-contained manager’s suite with laundry, providing convenient on-site accommodation for ownership or management. Offered below the most recent appraised value, this operating hospitality asset presents an opportunity for investors to improve performance through operational efficiencies, branding alignment and occupancy growth within a supply-constrained regional market. (id:66811)

Financial sandbox

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Estimate
Purchase price$6.40M
Down payment30% · $1.92M
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$30K

Projected NOI

$411K

Annual cash flow

$56K

Cash-on-cash

2.93%

DSCR

1.16

Going-in cap

6.42%

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

115,521

Households

54,750

Median income

$110,000

Median age

32.7

Daytime population

100,685

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 12004 8 Street, Dawson Creek.

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.