For Sale · Hospitality

specialty CLEARWATER VALLEY Road, Wells Gray

specialty CLEARWATER VALLEY Road, Wells Gray, BC V0E1N1

$1.5M 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

96%

About this property

Clearwater Lake tours is established at the south end of Clearwater Lake in Wells Gray Park, Clearwater, BC. The company operates under 2 BC Parks Operating permits encompassing Clearwater Lake, Azure Lake and Hobson Lake as well as a great deal of the surrounding park area. Wells Gray is a 1.3 million acre wilderness park and hosts thousands of visitors from Canada and all over the world every year. Clearwater Lake Tours has been offering Canoe rentals and guided tours including jet boat tours since 1935 and is a thriving business. Full package of business financial details and client recommendations available on request (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $449K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$114K

Annual cash flow

$31K

Cash-on-cash

6.86%

DSCR

1.37

Going-in cap

7.60%

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

145,817

Households

55,874

Median income

$95,000

Median age

31

Daytime population

205,456

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for specialty CLEARWATER VALLEY Road, Wells Gray.

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.