Shannon Motel | 5423 50 Ave S
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Shannon Motel 5423 50 Ave S
56 Room Hotel Northern Rockies, BC V0C 1R0 £883,207 (£15,772/Room) 9.50% Net Initial Yield
Investment Highlights
- towncenter and off hwy
Executive Summary
Conveniently situated in the Fort Nelson part of Fort Nelson (BC), this property puts you close to attractions and interesting dining options. This 3-star property is packed with in-house facilities to improve the quality and joy of your stay. This property is located off the Alaska Highway and situated in the city center in Fort Nelson. Fort Nelson city vibrant community with new projects like Oil, Natural Gas (Shale Rock Gas), Forestry and growing very fast. Currently the estimated population is approx. more than 4,900
(need to verify with city). Tourism approx. 300,000 yearly from or to Alaska having great potential to increase the revenue.
(need to verify with city). Tourism approx. 300,000 yearly from or to Alaska having great potential to increase the revenue.
Property Facts
| Price | £883,207 | Lot Size | 1.65 AC |
| Price Per Room | £15,772 | Building Size | 25,534 SF |
| Sale Type | Investment | No. Rooms | 56 |
| Net Initial Yield | 9.50% | Number of Floors | 1 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 2.62/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | £883,207 |
| Price Per Room | £15,772 |
| Sale Type | Investment |
| Net Initial Yield | 9.50% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.65 AC |
| Building Size | 25,534 SF |
| No. Rooms | 56 |
| Number of Floors | 1 |
| Year Built | 1960 |
| Parking Ratio | 2.62/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wi-Fi
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 56 | £51.89 | - |
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zoning
| Zoning Code | CC (Core Commercial) |
| CC (Core Commercial) |
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Shannon Motel | 5423 50 Ave S
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