For Sale · Specialty

1200 RANCHER CREEK Road Unit# 11C, Osoyoos

1200 RANCHER CREEK Road Unit# 11C, Osoyoos, BC V0H1V6

$64,500 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

85%

Year Built

2005

About this property

Modernized 1-bedroom, 811 sq. ft. upper-level villa situated in the Chardonnay building at the acclaimed, Hyatt-managed Spirit Ridge Vineyard Resort & Spa. This quarter-share residence complete with a private deck and offers breathtaking vistas of surrounding vineyards and Osoyoos Lake. Premium resort perks include two outdoor swimming pools, a waterslide, hot tub, full-service spa, on-site dining, housecleaning services, and an in-suite lockable storage space. Owners enjoy exclusive privileges along with vacation exchange options, plus a professional hotel management team to handle rentals and produce income when you aren't staying there. Note: Property is held via a prepaid Crown lease on Indigenous land with an active HOA (association fees apply), rather than freehold strata ownership. Images shown do not depict the precise unit. All dimensions are estimates. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$65K
Down payment30% · $19K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$298

Projected NOI

$4K

Annual cash flow

$555

Cash-on-cash

2.87%

DSCR

1.16

Going-in cap

6.40%

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

101,951

Households

47,092

Median income

$112,500

Median age

32.1

Daytime population

96,296

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 1200 RANCHER CREEK Road Unit# 11C, Osoyoos.

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.