Castle Motel Edson Alberta 5604 4 Ave Services hôteliers 16 chambres 589 706 € (36 857 €/Chambre) Taux de capitalisation 10 % Edson, AB T7E 1L6

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. 8 of the 16 rooms are kitchenette suites with cooking range/oven, large fridge, microwave, etc. All rooms with PTAC / AC units. 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 repeat clientele
• Adjusted NOI $95,000
• 3 Bed Room Manager's unit
• Space to add additional 17th unit at about $10,000 only
• Currently operated remotely by the owner
Outlook:
There are 2 major projects, the $86M Edson Leisure Centre that has just begun, and the $2.8B ATCO Yellowhead Pipeline ready for an early 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. Proof of funds required. Only serious buyers please.