238 Sims Ave - Hospitality FOR SALE


Weyburn, SK S4H 2J8
$2,980,000 CAD
604-790-1035
238 Sims Ave, Weyburn, SK for Sale
$2,980,000 CAD
Hospitality - FOR SALE
1/16
null | 7.63% Cap Rate

238 Sims Ave
Weyburn, SK S4H 2J8


OVERVIEW

Perfect Inn and Suite in Weyburn, SK, is a prime investment opportunity featuring 81 guest rooms on a spacious 3.2-acre lot. Conveniently located just an hour from Regina International Airport, the motel benefits from the region’s economic growth, driven by major infrastructure projects, including highway expansions and the construction of 42 wind turbines. With a steady influx of workers and travelers, the property meets high demand for accommodations. Ample parking and expansion potential make it a versatile business asset. This well-established motel is positioned for strong, long-term profitability in a thriving market. KEY NUMBERS * Guest rooms : 81 * Manager suite : 2 bedrooms * Land : 3.2 acres * Building : 37,455 sq.ft. * Built in : 1977(23 rms), 1981(12 rms+manager suite), 1997(24 rms), and 2011(22 rms) * Revenue 2024 : $647,000 * Cap rate : 7% PROPERTY HIGHLIGHT * Guest Rooms: 81 well-appointed rooms designed to accommodate a diverse clientele, including tourists, business travelers, and work crews associated with local projects. ?collierscanada.com+2discoverweyburn.com+2mapquest.com+2 * Land Size: The expansive 3.2-acre property allows for ample guest parking and presents opportunities for future expansion or the addition of complementary facilities.? * Accessibility: Situated approximately a one-hour drive from Regina International Airport, the motel is easily accessible for travelers.

FOR SALE DETAILS

PRICE

$2,980,000 CAD

PRICE/SF

$80 CAD /SF

# OF ROOMS

81

PRICE/ROOM

$36,790 {currency}

CAP RATE

7.63%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Perfect Inns & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1977

PARKING SPACES

59

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,392 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jay ChoiSutton Group - 1st West RealtyMore Info
604-790-1035

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Jay ChoiSutton Group - 1st West RealtyMore Info
604-790-1035

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.