
















1/18Gibbons, AB T0A1N0
$950,000 total
—
Asset Class
Hospitality
Size
—
Building class
B
Zoning
CHY — Highway Corridor
$ / SF
—
Occupancy
86%
Lot Size
0.448 ac
Own a piece of Alberta history and an established hospitality business in the growing community of Gibbons, just minutes northeast of Edmonton.The Gibbons Hotel & Tavern offers a unique opportunity for an owner-operator, investor, or hospitality group seeking a well-known local destination with multiple revenue streams.Property HighlightsEstablished hotel and tavern operationApproximately 12 guest roomsPopular licensed tavern with loyal local clienteleRestaurant and lounge facilitiesHigh-visibility location on the communitys main corridorAmple on-site parkingOpportunity to increase revenues through operational improvements and expanded marketingLocated in a growing region supported by agriculture, energy, construction, and industrial activityInvestment PotentialThis is an excellent opportunity to acquire a turnkey hospitality business with significant upside. The propertys diverse revenue sources provide multiple avenues for growth, including accommodation, food and beverage sales, special events, catering, and long-term room rentals.Whether you are looking to expand an existing hospitality portfolio or operate your own hotel and tavern business, this property offers exceptional value and future potential. (id:66811)
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Monthly debt service
$4K
Projected NOI
$49K
Annual cash flow
$-4K
Cash-on-cash
-1.38%
DSCR
0.93
Going-in cap
5.13%
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.
Trade area within 3 miles of the property.
Population
63,421
Households
26,274
Median income
$135,000
Median age
38.5
Daytime population
72,055
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Gibbons.
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.