For Sale · Specialty

1200 RANCHER CREEK Road Unit# 150ABCD, Osoyoos

1200 RANCHER CREEK Road Unit# 150ABCD, Osoyoos, BC V0H1V6

$135,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

Year Built

2009

About this property

Full ownership of a 1 bdrm 2Q, 1 bath, lower floor corner suite located in Spirit Ridge Resort & Spa. Resort amenities include a restaurant and coffee shop, recreation centre, spa, two outdoor pools, waterslide, hot tub, conference centre & housekeeping. Golf is just steps away along with Nk'Mip Winery and the Desert Cultural Centre. Just a short walk to the beach, dock and water sports. Property is not freehold strata, it is a pre-paid crown lease on native land with a Homeowners Association. HOA fees apply. Call for all the details!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$135K
Down payment30% · $41K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$623

Projected NOI

$7K

Annual cash flow

$-469

Cash-on-cash

-1.16%

DSCR

0.94

Going-in cap

5.19%

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

41,480

Households

14,570

Median income

$115,000

Median age

35.1

Daytime population

52,573

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 1200 RANCHER CREEK Road Unit# 150ABCD, Osoyoos.

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.