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Shannon Motel 5423 50 Ave S 56 Room Hotel Northern Rockies, BC V0C 1R0 $1,600,000 CAD ($28,571 CAD/Room) 9.50% Cap Rate
INVESTMENT HIGHLIGHTS
- towncenter and off hwy
EXECUTIVE SUMMARY
Conveniently situated in the Fort Nelson part of Fort Nelson (BC), this property puts you close to attractions and interesting dining options. This 3-star property is packed with in-house facilities to improve the quality and joy of your stay. This property is located off the Alaska Highway and situated in the city center in Fort Nelson. Fort Nelson city vibrant community with new projects like Oil, Natural Gas (Shale Rock Gas), Forestry and growing very fast. Currently the estimated population is approx. more than 4,900
(need to verify with city). Tourism approx. 300,000 yearly from or to Alaska having great potential to increase the revenue.
(need to verify with city). Tourism approx. 300,000 yearly from or to Alaska having great potential to increase the revenue.
PROPERTY FACTS
| Price | $1,600,000 CAD | Lot Size | 1.65 AC |
| Price Per Room | $28,571 CAD | Building Size | 25,534 SF |
| Sale Type | Investment | No. Rooms | 56 |
| Cap Rate | 9.50% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 2.62/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | CC - Core Commercial | ||
| Price | $1,600,000 CAD |
| Price Per Room | $28,571 CAD |
| Sale Type | Investment |
| Cap Rate | 9.50% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.65 AC |
| Building Size | 25,534 SF |
| No. Rooms | 56 |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 2.62/1,000 SF |
| Corridor | Exterior |
| Zoning | CC - Core Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 56 | $94.00 CAD | - |
1 1
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Shannon Motel | 5423 50 Ave S
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