For Sale · Land

1120 Lanzo Crescent Lot# 16, Revelstoke

1120 Lanzo Crescent Lot# 16, Revelstoke, BC V0E2S1

$429,000 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

84%

Lot Size

0.13 ac

About this property

LANZO HEIGHTS – ELEVATED LIVING. UNMATCHED MOUNTAIN VIEWS. Welcome to Lanzo Heights, an exceptional new residential subdivision offering a rare opportunity to build in one of Revelstoke's most desirable mountain settings. Enjoy spectacular 360-degree mountain views, including stunning vistas of Revelstoke Mountain Resort and the surrounding Selkirk and Monashee mountain ranges. These fully serviced lots offer municipal water, sewer, propane and power, making it easy to bring your mountain home vision to life. With hiking and biking trails nearby, world-class skiing at Revelstoke Mountain Resort and the highly anticipated Cabot Revelstoke golf experience opening in 2027, Lanzo Heights puts the best of the Revelstoke lifestyle right at your doorstep. Whether you're envisioning a custom dream home, a mountain getaway or a full-time residence, Lanzo Heights offers the perfect setting to enjoy everything this remarkable mountain community has to offer. (id:66811)

Financial sandbox

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Estimate
Purchase price$429K
Down payment30% · $129K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$15K

Annual cash flow

$-8K

Cash-on-cash

-6.55%

DSCR

0.65

Going-in cap

3.58%

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

138,059

Households

64,683

Median income

$108,000

Median age

46

Daytime population

195,173

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 1120 Lanzo Crescent Lot# 16, Revelstoke.

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.