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$609,900 total
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Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
98%
Year Built
1998
Welcome to Stone Creek! This gorgeous 2-bedroom, 2-bathroom corner suite offers a desirable combination of comfort, privacy and mountain lifestyle. Immaculately maintained, the unit offers a brand new hot water heater, updated appliances, furniture, in-suite laundry and a natural gas fireplace. The property is being offered fully furnished, making it an easy turnkey option for a mountain getaway, investment property or full-time residence. Enjoy the covered deck and peaceful private backyard setting, with mature coniferous trees providing a beautiful natural backdrop. Additional features include a private hot tub and bonus exterior storage locker for all your outdoor gear. Located in the desirable Stone Creek development, short-term rentals are permitted with no restrictions, providing excellent flexibility for owners. The suite is currently available for immediate occupancy and is not committed to a winter rental, offering the opportunity to enjoy the upcoming ski season yourself or take advantage of the rental market. A wonderful opportunity to own a well-appointed corner suite in one of Fernie's sought-after mountain communities. 'Fernie - Where Your Next Adventure Begins!' (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$48K
Annual cash flow
$14K
Cash-on-cash
7.60%
DSCR
1.41
Going-in cap
7.82%
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
110,020
Households
39,178
Median income
$71,000
Median age
42.1
Daytime population
172,121
5-yr growth
1.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5423 Boomerang Way Unit# 35, Fernie.
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.