For Sale · Hospitality

6000 Johnson Lake Forest Service Road, Barriere

6000 Johnson Lake Forest Service Road, Barriere, BC V0E2E0

$2.1M total

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Asset Class

Hospitality

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

85%

Lot Size

3.88 ac

About this property

Nestled in a secluded valley on Little Johnson Lake, Johnson Lake Resort has been a cherished getaway since 1952. Known as the Caribbean of the North, this off-grid retreat offers breathtaking scenery, crystal-clear waters, and a peaceful escape from the modern world. Abundant fish and wildlife await guests in this spectacular setting. This is a once in a generation opportunity to acquire a one of a kind location in the heart of Beautiful British Columbia. The dock facilities on Johnson Lake are owned by the resort with access available to the general public. Little Johnson Lake, a short distance from Johnson Lake is a private setting with excellent fishing, rowing and paddle boarding for guests. Many upgrades to the facilities have been completed since Johnson Lake Resort was acquired via private purchase in 2022. These include new docks, environmental improvements, updates to propane systems, appliances and more. Lodgings include a total of 9 cabins and 6 campsites. Of the 9 cabins, 6 are serviceable. 3 of the original 1952 cabins require TLC. See the resort website for more details www.johnsonlakeresort.com - The resort is reserved for private use. All site visits require appointments via the listing agent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.10M
Down payment30% · $630K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$117K

Annual cash flow

$1K

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

121,300

Households

49,547

Median income

$84,500

Median age

41.8

Daytime population

180,983

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 6000 Johnson Lake Forest Service Road, Barriere.

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.