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Cedar Inn 502 S Division Ave 40 Room Hotel Cavalier, ND 58220 $3,013,361 CAD ($75,334 CAD/Room)
Executive Summary
Cedar Inn presents an attractive investment opportunity in Cavalier, NV, with a 12,000 SF building on 1.01 acres of land. Featuring 40 rooms and a prime location on S Division Ave, this well-established property offers immense potential for growth and success. Built in 1983, the Cedar Inn boasts a solid financial outlook with a competitive price of $2,199,999, translating to $54,999.97 per key and $183.33 per SF. The surrounding area demonstrates promising demographics, with a growing population and rising household incomes. With commercial zoning and convenient parking ratio, this property is primed for various business ventures. Don't miss the opportunity to own a piece of this hospitality gem in Cavalier. Contact us today to explore the potential of Cedar Inn and make this property a valuable addition to your portfolio.
Property Facts
| Price | $3,013,361 CAD | Building Size | 12,000 SF |
| Price Per Room | $75,334 CAD | No. Rooms | 40 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1983 |
| Property Subtype | Hotel | Parking Ratio | 1.83/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.01 AC | ||
| Zoning | Commercial | ||
| Price | $3,013,361 CAD |
| Price Per Room | $75,334 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 12,000 SF |
| No. Rooms | 40 |
| No. Stories | 1 |
| Year Built | 1983 |
| Parking Ratio | 1.83/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- Restaurant
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $138.34 CAD | - |
| Guest Room | 39 | $124.64 CAD | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 276060000 | Improvements Assessment | $372,125 CAD |
| Land Assessment | $27,702 CAD | Total Assessment | $399,826 CAD |
Property Taxes
Parcel Number
276060000
Land Assessment
$27,702 CAD
Improvements Assessment
$372,125 CAD
Total Assessment
$399,826 CAD
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Cedar Inn | 502 S Division Ave
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