5604 4 Ave - Hospitality FOR SALE


Edson, AB T7E 1L6
$950,000 CAD
587-416-3740
5604 4 Ave, Edson, AB for Sale
$950,000 CAD
Hospitality - FOR SALE
1/7
null | 10% Cap Rate

5604 4 Ave
Edson, AB T7E 1L6


OVERVIEW

MOTEL FOR SALE: Castle Motel Edson AB Investment Summary: Castle is a 16-key motel located on Highway 16, enroute to Jasper, offering excellent visibility and curb appeal. With a 4.1 star rating on Google and TripAdvisor, and an 8.6 on Expedia, Castle is a top-rated independent motel in Edson. It's situated kitty corner to Walmart, near many eateries, and directly across from the anticipated Mikes restaurant franchise. Key Highlights: • 16 guest suites: standard rooms & kitchenettes • Strong guest reviews & Top 5 rating in Edson • High-traffic location, near major amenities • Adjusted NOI $95,000 • Currently operated remotely by the owner • 3 Bed Room Manager's unit Guest Reviews: Castle is now rated 4stars+, placing it 5th in ranking amongst 16 properties in Edson AB across all online reviews. Outlook: There are 2 major projects, the Edson Leisure Centre that has just started and expected to be complete in 2026 summer, and ATCO Yellowhead Pipeline ready for a Q1 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. 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 owner 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. Thanks.

FOR SALE DETAILS

PRICE

$950,000 CAD

PRICE/SF

$146 CAD /SF

# OF ROOMS

16

PRICE/ROOM

$59,375 {currency}

CAP RATE

10%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Castle Motel Edson Alberta

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Medium Density Multi Fam

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John ThomasAlpha HospitalityMore Info
587-416-3740

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John ThomasAlpha HospitalityMore Info
587-416-3740

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