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Travelodge by Wyndham Wetaskiwin 4814 56 St 29 Room Hotel Wetaskiwin, AB T9A 1V8 $4,450,000 CAD ($153,448 CAD/Room) 3.50% 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 in Wetaskiwin, a 23,299 SF income-producing property featuring a 29-room hotel, six retail units, and approximately 0.91 acres of excess developable land. Located on Highway 2A and one of only three hotels in the market, the asset offers diversified revenue from established tenants, vacant value-add retail space, and significant upside through hotel rebranding, operational improvements, or future development.
Property Facts
| Price | $4,450,000 CAD | Lot Size | 1.81 AC |
| Price Per Room | $153,448 CAD | Building Size | 23,299 SF |
| Sale Type | Investment | No. Rooms | 29 |
| Cap Rate | 3.50% | 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 | $4,450,000 CAD |
| Price Per Room | $153,448 CAD |
| Sale Type | Investment |
| Cap Rate | 3.50% |
| 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
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Photos
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Travelodge by Wyndham Wetaskiwin | 4814 56 St
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