For Sale · Hospitality

1693 Oberg Johnson Road, Golden

1693 Oberg Johnson Road, Golden, BC V0A1H1

$1.5M total

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Asset Class

Hospitality

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

Year Built

1983

Lot Size

2 ac

About this property

Blaeberry Valley Apartments is a rare 5-unit apartment-style property with a large guest house totalling over 7000 square feet, situated on 2 beautifully maintained acres just under 15 minutes from town. Boasting a total of 13 bedrooms and 7.5 bathrooms, this income-generating property includes a spacious 4-bedroom, 2.5-bath main home with a finished basement suite, along with four additional rental units in the addition. A shared laundry area is conveniently located between the main house and the addition. Tenants enjoy access to a large shared back deck, hot tub area, and courtyard, ideal for relaxing or entertaining. The expansive yard also features a volleyball net, fruit trees, and berry bushes, creating a park-like setting with room to roam. Additional highlights include a 30' x 30' heated shop, ample parking, and a proven rental history with a mix of short and long-term tenants. Located in a sought-after recreational area, this property is ideal for outdoor enthusiasts and offers excellent revenue potential. Contact us today for more information. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.48M
Down payment30% · $443K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$105K

Annual cash flow

$23K

Cash-on-cash

5.25%

DSCR

1.28

Going-in cap

7.12%

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

83,438

Households

31,529

Median income

$128,000

Median age

36.8

Daytime population

113,422

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 1693 Oberg Johnson Road, Golden.

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.