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$296,900 total
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Asset Class
Specialty
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
86%
Year Built
1981
JUST IN TIME FOR SKI SEASON! Welcome to The Strayhorse at Apex Mountain Resort, where mountain adventure meets easy, low-maintenance living. This top-floor corner condo offers 740 sq ft with 2 bedrooms and a 4-piece bathroom, and it’s sold fully furnished, so you can arrive with your skis and start enjoying the season. Ski trail access is right across the street. After a day on the slopes, warm up by the electric fireplace or step out onto one of two balconies, facing east and north, with a glimpse of the ski hill from the east side. The kitchen comes equipped with a fridge, stove and dishwasher. You’ll also have a secure underground parking stall close to the stairs, a storage locker for your gear and coin-operated laundry on the first floor. The building has seen major upgrades, including the roof, windows and doors, with new siding nearing completion. Pet and rental friendly (buyer to confirm current bylaws), it works equally well as a personal retreat, a four-season getaway or a seasonal rental. You’re close to the lifts and the village, with the Gunbarrel Saloon, cross-country ski trails and the forest skating loop all nearby. Come for the skiing, stay for the mountain lifestyle! All measurements are approximate and should be verified by the buyer if deemed important. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$15K
Annual cash flow
$-1K
Cash-on-cash
-1.21%
DSCR
0.93
Going-in cap
5.18%
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.
Trade area within 3 miles of the property.
Population
76,473
Households
31,064
Median income
$83,000
Median age
45.9
Daytime population
73,881
5-yr growth
9.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1191 APEX MOUNTAIN Road Unit# 300, Penticton.
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.