For Sale · Hospitality

3230 Beadman Road, Rock Creek

3230 Beadman Road, Rock Creek, BC V0H1Y0

$2.0M total

—

Asset Class

Hospitality

Size

—

Building class

B

Zoning

CHY — Highway Corridor

$ / SF

—

Occupancy

96%

Lot Size

9.51 ac

About this property

Paradise in your backyard! Take a close look at this opportunity. Enjoy this beautiful 3 bedroom, 3 bath home with a fully landscaped garden private yard. This property includes an RV park plus a 3 unit villa on the same property. Kettle Valley Villas and RV is a meticulously cared for and maintained. The 3 unit Villa currently has full time tenants. It is a pleasure to walk through with nature right at your fingertips. 9.5 acres with private sites and shower and laundry facilities. Large park like area and right next to the Kettle Valley Golf Course. Seasonal and Winter RV sites available. 30 and 50 amp options. Personal power meters have been installed for several sites. This is a turn key business with growth potential. The house has an attached garage, fenced yard, heat pump and a large family room for games and a wett inspected wood stove. This is the perfect opportunity for a young family to get into, don't hesitate on this one. Walking distance to the Kettle River. Too many extras to mention, call your realtor today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.00M
Down payment30% · $599K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$146K

Annual cash flow

$35K

Cash-on-cash

5.89%

DSCR

1.32

Going-in cap

7.31%

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.

Area demographics

Trade area within 3 miles of the property.

Population

110,814

Households

42,325

Median income

$123,000

Median age

38.6

Daytime population

156,901

5-yr growth

3.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 3230 Beadman Road, Rock Creek.

NDA required
  • 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.