For Sale · Hospitality

Rural Lac Ste. Anne County

Rural Lac Ste. Anne County, AB T8R0H2

$1.5M total

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Asset Class

Hospitality

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

Lot Size

160 ac

About this property

Located just 45 minutes from Edmonton, this established 160-acre CREC-zoned RV park and campground offers 45 oversized fully serviced sites with 100–200 amp individual power, sewer, Edmonton city water, picnic tables, fire pits, and Wi-Fi. The property features looped internal roads, public washroom and shower facilities, a reception office, 3-bedroom home, multiple storage buildings, pavilion, covered picnic shelters, walking trails, playground areas, and a managed pond with dock. Extensive treed areas and natural open space provide privacy and separation throughout the property. Equipment package includes tractor, backhoe, skid steer, loader, and more. Significant surplus land offers potential for expansion, reconfiguration, additional campsites, cabins, event hosting, commercial amenities, an airstrip, and possible subdivision, subject to county approval. Ideally located near Devil’s Lake, Nakamun Lake, Lac La Nonne, Calahoo Hills, Duffy’s Challenge, Barrhead Golf Club, and other nearby recreational destinations. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$96K

Annual cash flow

$13K

Cash-on-cash

2.82%

DSCR

1.15

Going-in cap

6.39%

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

106,562

Households

49,923

Median income

$120,500

Median age

35.3

Daytime population

91,721

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for Rural Lac Ste. Anne County.

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.