


1/4LOT 1 SKI HILL ROAD, Wells, BC V0K2R0
$1.9M total
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Asset Class
Specialty
Size
—
Building class
A
Zoning
US — Urban Services
$ / SF
—
Occupancy
90%
Year Built
9999
Lot Size
5 ac
Strategic three-title development and investment opportunity in the growing gold-mining community of Wells, BC, near Barkerville and the new Cariboo Gold Project. The assembly includes a 0.19-acre corner parcel at Ski Hill Rd and Hwy 26 plus two additional titles, totaling approximately 5.04 acres, subject to verification. The larger parcel is zoned R3 and the smaller Highway 26 parcel is zoned CW, with municipal services reported at the property line. The seller believes the property may suit a multi-family development of up to 30 townhomes or approximately 60 park-model units, potentially helping address future accommodation needs associated with the new mine and regional growth. A seasonal, manager-operated RV park currently occupies part of the property and provides interim income while future plans are considered. All acreage, zoning, density, servicing, income and development potential must be independently verified by the buyer. (id:66811)
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Monthly debt service
$9K
Projected NOI
$116K
Annual cash flow
$11K
Cash-on-cash
1.96%
DSCR
1.11
Going-in cap
6.13%
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
112,343
Households
49,900
Median income
$131,000
Median age
38.2
Daytime population
173,548
5-yr growth
9.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for LOT 1 SKI HILL ROAD, Wells.
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.