1/3121741 HAMLET FRONTAGE ROAD, Topley
21741 HAMLET FRONTAGE ROAD, Topley, BC V0J2Y0
$550,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
89%
Year Built
9999
Lot Size
4.58 ac
About this property
Amazing opportunity to own the well maintained Whispering Pines Motel in Topley BC! Located between Prince George and Prince Rupert on Hwy 16 - a major travel corridor for both tourists and industry. The main building, built in 1998, has an office, storage room, guest and reception area with full bath, partially completed kitchen, and 3 guest rooms all with full bathrooms. Attached to this building is a 3 bedroom log home, serving as the caretaker/manager suite, with a full unfinished basement and large garage. The property has 6 cute, 4-season, one-bedroom cabins, all built on concrete slab foundations, great for long or short term rentals. Total of 3 parcels of land included in the sale, adding up to approximately 4.58 acres of space. Lots of room for future development like additional cabins or RV/camping sites. The C1 zoning allows for a variety of uses including retail, service, and community options. Also listed on Residential R3168780. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$36K
Annual cash flow
$5K
Cash-on-cash
3.16%
DSCR
1.17
Going-in cap
6.49%
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
87,083
Households
36,759
Median income
$81,000
Median age
42
Daytime population
120,657
5-yr growth
2.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 21741 HAMLET FRONTAGE ROAD, Topley.
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.