Avanada Inn & Suites | 1391 Central St
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Avanada Inn & Suites 1391 Central St
82 Room Hotel Prince George, BC V2M 3E2 $7,998,000 CAD ($97,537 CAD/Room) 5.74% Cap Rate
Executive Summary
The Avison Young Hospitality Team is delighted to present an exceptional opportunity to acquire the Anavada Inn & Suites in Prince George, BC. This unique offering is for an 80 room turn-key motel asset with a tenanted 4,000 square foot restaurant space. The Property has been extensively renovated and features fully furnished guest rooms, secure key card entry, electric baseboard heating, in-suite A/C units, flat-screen TV's, Keurig coffee machines and more!
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| 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 (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $7,998,000 CAD | Lot Size | 1.36 AC |
| Price Per Room | $97,537 CAD | Building Size | 33,312 SF |
| Sale Type | Investment | No. Rooms | 82 |
| Cap Rate | 5.74% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1969 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C |
| Price | $7,998,000 CAD |
| Price Per Room | $97,537 CAD |
| Sale Type | Investment |
| Cap Rate | 5.74% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.36 AC |
| Building Size | 33,312 SF |
| No. Rooms | 82 |
| No. Stories | 2 |
| Year Built | 1969 |
| Corridor | Exterior |
Amenities
- Restaurant
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $129.00 CAD | - |
| Guest Room | 78 | $76.00 CAD | - |
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Walk Score ®
Very Walkable (85)
zoning
| Zoning Code | C5 - Commercial |
| C5 - Commercial |
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Avanada Inn & Suites | 1391 Central St
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