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$199,900 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
91%
Lot Size
0.06 ac
Your Shuswap Lake getaway awaits in the highly desirable, year-round gated community of Caravans West in Scotch Creek. This beautifully landscaped perimeter lot backs onto expansive green space, providing privacy and breathing room to relax. Designed for ultimate outdoor living, this low-maintenance property features stone pavers throughout the spacious patio area, mature trees for privacy, a screened-in gazebo, and a louvered pergola that is fully fenced for pets (two pets are allowed per lot with no size restrictions). Guests will love the completely finished 8'x10' bunkhouse equipped with power, A/C, and a double bunkbed with a single on top (rentals are allowed with restrictions). Generous parking easily accommodates your vehicles and a golf cart. The lot is being offered with all outdoor furniture and bunkhouse furnishings included! Caravans West provides an incredible lineup of resort amenities, which includes 2-swimming pools, 2-hot tubs, 2-clubhouses, a fitness centre, a library, tennis and pickleball courts, a basketball/hockey court, a spray park, a playground, community fire pits, and private beach access. You're just a short walk or bike ride to the neighbouring Shuswap Lake Provincial Park and all the shops, restaurants and amenities in Scotch Creek. Please note that Caravans West is an undivided interest development, so traditional financing is not available. (2022 Fifth Wheel is also offered for sale at $75,000 and must be purchased separately via Bill of Sale) (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$923
Projected NOI
$12K
Annual cash flow
$1K
Cash-on-cash
1.90%
DSCR
1.10
Going-in cap
6.11%
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
119,450
Households
42,407
Median income
$99,000
Median age
32.6
Daytime population
134,317
5-yr growth
2.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3980 Squilax-Anglemont Road Unit# 144, Scotch Creek.
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.