For Sale · Land

5005 River Road Unit# 117, Pritchard

5005 River Road Unit# 117, Pritchard, BC V0E2P0

$159,900 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

84%

Lot Size

0.1 ac

About this property

Bring your vision to life on this freehold bareland strata lot at Osprey in Pritchard, ready for the new manufactured home of your choice. Because you own the land outright, there is no pad rent, just a minimal strata fee, and you have the freedom to completely customize your home to suit your own style. Black chainlink fencing is already in place on three sides, along with a garden shed, so the groundwork is set for you to move forward. Enjoy views of the South Thompson River and the historic Pritchard trestle bridge, with the river just steps from your door. Stony Flats Harvest is a short drive away for fresh local produce, and several nearby lakes offer plenty of ways to spend a summer afternoon. Pritchard delivers a quiet, peaceful rural setting while keeping Kamloops within comfortable reach. This is a Phase 1 lot, and a copy of the developer's disclosure statement is available through your Realtor. GST applies. Reach out today and start planning the home you have been imagining. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$160K
Down payment30% · $48K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$738

Projected NOI

$6K

Annual cash flow

$-3K

Cash-on-cash

-5.37%

DSCR

0.71

Going-in cap

3.93%

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

48,931

Households

17,090

Median income

$119,000

Median age

36.1

Daytime population

80,757

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for 5005 River Road Unit# 117, Pritchard.

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.