Anavada Inn | 11724 100 St
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Anavada Inn 11724 100 St
80 Room Hotel Grande Prairie, AB T8V 4H5 £3,036,026 (£37,950/Room) 14% Net Initial Yield
Executive Summary
The Avison Young Hospitality Team is delighted to present an exceptional opportunity to acquire the Anavada Inn & Suites in Grand Prairie, Albert. This unique offering is for an 80 room turn-key motel that has been extensively renovated with superb capital improvements including new roof, boiler, windows and more! The Property is fully furnished and suites have secure key card entry, in-suite A/C units, mini-bar fridge, Keurig coffee machines and flat-screen TVs!
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £3,036,026 | Lot Size | 1.30 AC |
| Price Per Room | £37,950 | Building Size | 32,500 SF |
| Sale Type | Investment | No. Rooms | 80 |
| Net Initial Yield | 14% | Number of Floors | 2 |
| Property Type | Hospitality | Year Built | 1980 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | £3,036,026 |
| Price Per Room | £37,950 |
| Sale Type | Investment |
| Net Initial Yield | 14% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.30 AC |
| Building Size | 32,500 SF |
| No. Rooms | 80 |
| Number of Floors | 2 |
| Year Built | 1980 |
| Corridor | Interior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 3 | £62.38 | - |
| Guest Room | 77 | £50.23 | - |
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Walk Score ®
Very Walkable (70)
zoning
| Zoning Code | CA Arterial Commercial |
| CA Arterial Commercial |
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Anavada Inn | 11724 100 St
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