519 2 Av - Hospitality FOR SALE


Hanna, AB T0J 1P0
$2,080,000 CAD
778-652-3835
519 2 Av, Hanna, AB for Sale
$2,080,000 CAD
Hospitality - FOR SALE
1/5
null | 16.79% Cap Rate

519 2 Av
Hanna, AB T0J 1P0


HIGHLIGHTS

  • Strong Cap rate 16.79%
  • Upgraded and renovated 2014-2025
  • Turnkey base investment

OVERVIEW

Located in Hanna, Alberta—a regional hub for energy, agriculture, and essential services—the WEST VIEW MOTEL offers investors a rare turnkey hospitality opportunity. Hanna benefits from stable economic drivers including oil & gas, power generation (natural gas turbine station, wind energy projects, and proposed solar farms), and large-scale farming operations, which together bring a consistent flow of long-term workers and travelers to the area. The town also serves as a service centre for surrounding rural communities, featuring schools, a hospital, and essential retail, supporting a steady local population of approximately 2,500 with a broader regional draw. 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 development. 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

FOR SALE DETAILS

PRICE

$2,080,000 CAD

PRICE/SF

$116 CAD /SF

# OF ROOMS

45

PRICE/ROOM

$46,222 {currency}

CAP RATE

16.79%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West View Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

CT

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jay ChoiSutton Group - 1st West RealtyMore Info
778-652-3835

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

Jay ChoiSutton Group - 1st West RealtyMore Info
778-652-3835

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