How many hostels are available for sale in Edson?

There are currently 1 hostels available for sale in Edson, offering a unique opportunity for businesses to establish a presence.

How big are the hostels available for sale in Edson?

The average size of hostels available for sale in Edson is about 8,440 SF. The largest hostels available to buy is 8,440 SF and the smallest is 8,440 SF. The size of the space youll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

Whats the cap rate for hostels in Edson?

The average market cap rate for hostels for sale is about 11.58% based on data provided in Edson. Learn more about how cap rates are calculated.

Edson Hostels for Sale

More details for 5604 4 Ave, Edson, AB - Hospitality for Sale

Castle Motel Edson AB - 5604 4 Ave

Edson, AB T7E 1L6

Hospitality for Sale
$950,000 CAD
8,440 SF

Edson Hospitality for Sale

Investment Summary: Castle Motel Edson is a 16-key motel located on Highway 16, enroute to Jasper, offering excellent visibility and curb appeal. 8 of the 16 rooms are full kitchen suites with cooking range/oven, large fridge, microwave, etc. 14 rooms with PTACs and 2 with AC units. This is a top 5 rated hotel/motel in Edson from among 16 hotels & motels in Edson AB. A well-rated motel, boasting a 4.2 score on Google and an 8.8 on Expedia (with the rare distinction of holding two Expedia listings), is located diagonally across from Walmart. It's positioned in an area experiencing the latest wave of commercial development, including Edson's newest strip mall directly opposite, which will soon feature the eagerly awaited Mikes restaurant franchise opening Q1 2026 Key Highlights: • 16 guest suites: standard rooms & kitchenettes • Strong repeat clientele • Adjusted NOI $99,000. Owner operated will produce in excess of $140,000 + accommodation expense savings • 3 Bed Room Manager's unit with a nice backyard and usable patio • Space to add additional 17th unit at $10,000 only • Additional revenue possibilities could include adding food / take out options • Currently operated remotely by the owner Outlook: There are 2 major projects, the $86M Edson Leisure Centre that has just begun, and the $2.8B ATCO Yellowhead Pipeline ready for an early 2026 start. These will provide future demand that will support increased occupancy. With minimal staff and high margins, Castle Motel is an easy-to-run, high-yield investment. Had this been an owner operated business, the yield is $140,000+ for the year. Specifics: This is a strong cash-flowing business that will continue to grow in the future. Majority of the guests are longer staying guests. This business in its current model requires 6-8 hours of work per day. The current owner will provide all the necessary training for the new team to be successful. Castle is for sale on an ‘as is’ basis and priced to sell at $950,000. The owner is selling only to move on to a larger property opportunity. Kindly note that employees are not to be approached regarding the sale. Proof of funds required. Seller financing available. Serious inquiries only.