Grand Marshal Inn | 9820 100 Ave
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Grand Marshal Inn 9820 100 Ave
24 Room Hotel Hythe, AB T0H 2C0 $1,072,506 USD ($44,688 USD/Room) 12.47% Cap Rate
INVESTMENT HIGHLIGHTS
- Significant amount of commercial and tourist traffic
- Full exposure and accessto Highway 43
- High capitalization rate
EXECUTIVE SUMMARY
For sale at $1,540,000 Canadian Dollars. 24 modern and newly renovated rooms. Full service hotel with restaurant and lounge. Concrete block and wood frame construction. Other amenities include a meeting room and a games room. Full exposure and access to Highway 43. Vendor financing available.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (USD) | ANNUAL PER SF (USD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$133,703
|
$6.25
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (USD) | |
|---|---|
| Annual | $133,703 |
| Annual Per SF | $6.25 |
PROPERTY FACTS
| Price | $1,072,506 USD | Lot Size | 2.90 AC |
| Price Per Room | $44,688 USD | Building Size | 21,400 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Cap Rate | 12.47% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1970/2016 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | $1,072,506 USD |
| Price Per Room | $44,688 USD |
| Sale Type | Investment |
| Cap Rate | 12.47% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.90 AC |
| Building Size | 21,400 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2016 |
| Corridor | Interior |
AMENITIES
- Restaurant
- Meeting Event Space
ABOUT 9820 100 AVE , HYTHE, AB T0H 2C0
Grand Marshall Inn located at 9820 100 Ave Hythe is a 24 room hotel. Located along highway 43, the primary connection between most locations in Canada to Northeast BC, Yukon, and Alaska. Originally constructed in the 1970s, the property was extensively renovated in 2016 and features a concrete block and wood frame construction.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 24 | $34.13 USD | - |
1 of 1
ZONING
| Zoning Code | C-2 (Highway Commercial) |
| C-2 (Highway Commercial) |
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Grand Marshal Inn | 9820 100 Ave
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