5505 Highway 12 w - Hospitality FOR SALE


Coronation, AB T0C 1C0
$880,000 CAD
778-654-2735
5505 Highway 12 w, Coronation, AB for Sale
$880,000 CAD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

5505 Highway 12 w
Coronation, AB T0C 1C0


HIGHLIGHTS

  • Prime Location & Strong Demand – Situated in Alberta’s active energy and agricultural corridor, attracting consistent year-round guests
  • Well-Equipped & Versatile Property – 41 rooms motel (38 operating rooms) with several kitchenette units for extended-stay guests, plus ample parking
  • Stable Revenue & Growth Potential – Consistent occupancy and reliable income, with recent improvements enhancing efficiency and a large 5.5-acre lot

OVERVIEW

Features: Motel Name : Coronation Motel Address : 5505 Highway 12 W Coronation, AB T0C 1C0 Rooms : 41 Building Area : 15710 SF Land Area : 5.5 Acres Year Built : 1975 Renovation : 2020-Now Cap Rate: 13% (3 years avr) Sale type : Asset Sale MLS# : A2274647

FOR SALE DETAILS

PRICE

$880,000 CAD

PRICE/SF

$44 CAD /SF

# OF ROOMS

41

PRICE/ROOM

$21,463 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coronation Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1975

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,783 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jay ChoiSutton Group - 1st West RealtyMore Info
778-654-2735

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

Jay ChoiSutton Group - 1st West RealtyMore Info
778-654-2735

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