Anavada Inn | 11724 100 St
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Anavada Inn 11724 100 St
80 Room Hotel Grande Prairie, AB T8V 4H5 $3,809,577 USD ($47,620 USD/Room) 14% Cap Rate
Executive Summary
The Avison Young Hospitality Team is delighted to present an exceptional opportunity to acquire the Anavada Inn & Suites in Grand Prairie, Albert. This unique offering is for an 80 room turn-key motel that has been extensively renovated with superb capital improvements including new roof, boiler, windows and more! The Property is fully furnished and suites have secure key card entry, in-suite A/C units, mini-bar fridge, Keurig coffee machines and flat-screen TVs!
Financial Summary (Actual - 2024) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income (USD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (USD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (USD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (USD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (USD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (USD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (USD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (USD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $3,809,577 USD | Lot Size | 1.30 AC |
Price Per Room | $47,620 USD | Building Size | 32,500 SF |
Sale Type | Investment | No. Rooms | 80 |
Cap Rate | 14% | No. Stories | 2 |
Property Type | Hospitality | Year Built | 1980 |
Property Subtype | Hotel | Corridor | Interior |
Building Class | C |
Price | $3,809,577 USD |
Price Per Room | $47,620 USD |
Sale Type | Investment |
Cap Rate | 14% |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.30 AC |
Building Size | 32,500 SF |
No. Rooms | 80 |
No. Stories | 2 |
Year Built | 1980 |
Corridor | Interior |
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 3 | $78.27 USD | - |
Guest Room | 77 | $63.03 USD | - |
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Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (71)
zoning
Zoning Code | CA Arterial Commercial |
CA Arterial Commercial |
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Anavada Inn | 11724 100 St
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