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West View Motel 519 2 Av 45 Room Hotel Hanna, AB T0J 1P0 $2,080,000 CAD ($46,222 CAD/Room) 16.79% Cap Rate



INVESTMENT HIGHLIGHTS
- Strong Cap rate 16.79%
- Turnkey base investment
- Upgraded and renovated 2014-2025
EXECUTIVE SUMMARY
The WEST VIEW MOTEL is well-positioned within this market, where only three motels compete, including one at the high end (Canalta at $200/night), leaving West View ideally placed to capture mid-market and extended-stay demand. The property sits on 1.7 acres with 44 guest rooms, a two-bedroom manager’s suite, nearly 18,000 sq.ft. of improvements, and additional land for parking or future evelopment. Significant upgrades have been completed, including a new sloped metal roof, full exterior and interior painting, hardwood flooring, new furniture, modern PTAC units, and in-room amenities, ensuring minimal capital requirements for incoming ownership. With a strong operating history, upgraded facilities, and a resilient market supported by industry and infrastructure, WEST VIEW MOTEL represents a compelling investment with immediate income and long-term growth potential. Attached NDA required for more information. Please contact JAY CHOI at 1-604-790-1035 or choijaedong@gmail.com
PROPERTY FACTS
| Price | $2,080,000 CAD | Property Subtype | Hotel |
| Price Per Room | $46,222 CAD | Lot Size | 1.17 AC |
| Sale Type | Investment | Building Size | 17,985 SF |
| Cap Rate | 16.79% | No. Rooms | 45 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1978/2025 |
| Zoning | CT - Highway Commercial | ||
| Price | $2,080,000 CAD |
| Price Per Room | $46,222 CAD |
| Sale Type | Investment |
| Cap Rate | 16.79% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Lot Size | 1.17 AC |
| Building Size | 17,985 SF |
| No. Rooms | 45 |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2025 |
| Zoning | CT - Highway Commercial |
ABOUT 519 2 AV , HANNA, AB T0J 1P0
- 44 guest rooms - 2 bedroom manager’s suite with full bath - Total building area: 17,985 sq.ft. on 1.7 acres of land - Significant capital upgrades: • New sloped metal roof (2014, $150,000) • Full exterior repaint (2020, $20,000) • Ongoing interior repainting every 2 years (most recent 2025) • Hardwood flooring in main floor rooms and hallways • All new queen bed sets (72), desks, and toilets • Flat LED TVs (32–42”) in all rooms • Select rooms with new PTAC units (heating & cooling) • Microwaves and 3.2 cu.ft. fridges in every room - Fiber Optic Wi-Fi (Telus) - Former restaurant, bar & lounge (approx. 46’ x 46’, licensed for 100 seats), fully renovated in 2015 with equipment intact, closed in 2017 but ready to reopen - Two-car garage, one carport, and two 40ft containers for storage or alternative use
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 1 | - | - |
| Guest Room | 44 | - | - |
Presented by
West View Motel | 519 2 Av
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