For Sale · Specialty

2381 CRIDGE Road, Kamloops

2381 CRIDGE Road, Kamloops, BC V0E3E1

$399,000 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

90%

Lot Size

0.61 ac

About this property

Discover an extraordinary opportunity to create your ultimate waterfront retreat on this pristine and exceptionally positioned lot. Offering unparalleled southern exposure and an impressive stretch of lake frontage, this remarkable property provides the ideal setting for building the waterfront dream you’ve always envisioned. Situated at the end of the road and beautifully positioned on a natural point, the property captures breathtaking panoramic views in multiple directions, with stunning vistas extending east, south, and west. Set on just over 0.6 acres, the property boasts over 500+ feet of water frontage, creating an abundance of opportunities for private waterfront enjoyment, recreation, and outdoor living. The unique point setting offers both privacy and an exceptional connection to the lake. Rarely does a property combine this much frontage, exceptional exposure, privacy, and unobstructed views. If you’ve been dreaming of building a truly special waterfront home, this remarkable parcel is where that dream begins. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$399K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$26K

Annual cash flow

$4K

Cash-on-cash

3.59%

DSCR

1.19

Going-in cap

6.62%

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

52,910

Households

21,847

Median income

$135,500

Median age

36.4

Daytime population

51,760

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 2381 CRIDGE Road, Kamloops.

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.