Business For Sale · Specialty

560 AVONDALE Road, Vernon River

560 AVONDALE Road, Vernon River, PE C0A2E0

$6.5M total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

85%

Year Built

2002

Lot Size

550 ac

About this property

Avondale Golf Course is a rare investment opportunity with established revenue, consistent growth, and significant future potential. This turnkey operation includes extensive infrastructure, equipment, experienced staff, and a loyal customer base. Strategically located near Charlottetown, Stratford, and Three Rivers, the property benefits from PEIs growing population, strong tourism industry, and international reputation as Canadas Golf Island. An exceptional opportunity for investors seeking an established business with long-term growth and development potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$6.50M
Down payment30% · $1.95M
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$30K

Projected NOI

$351K

Annual cash flow

$-10K

Cash-on-cash

-0.49%

DSCR

0.97

Going-in cap

5.39%

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

89,730

Households

37,242

Median income

$118,000

Median age

32.5

Daytime population

76,324

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 560 AVONDALE Road, Vernon River.

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.