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$8.8M total
—
Asset Class
Hospitality
Size
—
Building class
A
Zoning
CHY — Highway Corridor
$ / SF
—
Occupancy
92%
Year Built
1995
Lot Size
2.62 ac
Property can be used as a Commercial property in combination with large Estate Home combination . Zoning and Ttle Covenant allows for 5 Bed and Breakfast bedrooms with luxury ensuite in each . this is in combination with 6 more private bedrooms in a separate area of the estate. Possible immigration opportunity with commercial use of the Estate (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$40K
Projected NOI
$589K
Annual cash flow
$104K
Cash-on-cash
3.96%
DSCR
1.21
Going-in cap
6.73%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
110,273
Households
52,085
Median income
$100,000
Median age
43.2
Daytime population
149,455
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 15010 & 15020 Tamarack Drive, Coldstream.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.