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Travelodge by Wyndham Wetaskiwin 4814 56 St 29 Room Hotel Wetaskiwin, AB T9A 1V8 $4,749,000 CAD ($163,759 CAD/Room) 3.28% Cap Rate
Investment Highlights
- Located in the city of Wetaskiwin directly along the main thoroughfare of 56 Street (Hwy 2A).
- 1.81 AC± site consists of ample paved surface parking for hotel and retail clients, totaling approximately 64 stalls.
Executive Summary
Rare opportunity to acquire the Travelodge by Wyndham facility in Wetaskiwin, totaling approximately 23,299 SF±. The property offers immediate income with significant upside, including the option to retain the current banner or reposition the asset under a new brand to capitalize on improved operating performance and long-term value creation.
Property Facts
| Price | $4,749,000 CAD | Lot Size | 1.81 AC |
| Price Per Room | $163,759 CAD | Building Size | 23,299 SF |
| Sale Type | Investment | No. Rooms | 29 |
| Cap Rate | 3.28% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 2011/2019 |
| Property Subtype | Hotel | Parking Ratio | 5.43/1,000 SF |
| Building Class | C | Corridor | Interior |
| Zoning | C3 - Highway Commercial District | ||
| Price | $4,749,000 CAD |
| Price Per Room | $163,759 CAD |
| Sale Type | Investment |
| Cap Rate | 3.28% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.81 AC |
| Building Size | 23,299 SF |
| No. Rooms | 29 |
| No. Stories | 2 |
| Year Built/Renovated | 2011/2019 |
| Parking Ratio | 5.43/1,000 SF |
| Corridor | Interior |
| Zoning | C3 - Highway Commercial District |
Amenities
- Restaurant
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $116.00 CAD | - |
| Guest Room | 27 | $109.00 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Travelodge by Wyndham Wetaskiwin | 4814 56 St
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