1/231276 & 1283 Dieppe Road, Sorrento
1276 & 1283 Dieppe Road, Sorrento, BC V0E2W0
$5.0M total
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Asset Class
Hospitality
Size
—
Building class
C
Zoning
CHY — Highway Corridor
$ / SF
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Occupancy
89%
Year Built
1968
Lot Size
3.83 ac
About this property
Court Ordered Sale of the White Sands Resort in beautiful Sorrento BC. Situated on over 4.5 acres of low bank sandy waterfront, this popular resort provides for a range of accommodation options for in excess of 140 guests in one of the 20 individual and duplex oriented cabins and three single family homes. The Resort also includes approximately 35 RV sites, most of which are leased on an annual basis. Offering a wide range of amenities which include a substantial dock, fire pits, mooring buoys, boat rentals, bbq facilities, snack shack, and much more, this popular Resort offers significant value within a highly travelled and popular region of BC. This property is also offered along with 1277 TransCanada Highway, a highway oriented 22 unit Motel. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$23K
Projected NOI
$296K
Annual cash flow
$19K
Cash-on-cash
1.25%
DSCR
1.07
Going-in cap
5.92%
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
133,225
Households
47,034
Median income
$72,500
Median age
41.1
Daytime population
172,155
5-yr growth
7.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1276 & 1283 Dieppe Road, Sorrento.
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.