For Sale · Specialty

1200 RANCHER CREEK Road Unit# 251ABCD, Osoyoos

1200 RANCHER CREEK Road Unit# 251ABCD, Osoyoos, BC V0H1V6

$120,000 total

—

Asset Class

Specialty

Size

—

Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

89%

Year Built

2009

About this property

Enjoy full ownership of this 2nd-floor, 1-bedroom suite featuring a spacious king bed and 1 bath at the iconic Spirit Ridge Resort & Spa. World-class amenities await right outside your door, including two outdoor pools, a waterslide, hot tubs, a full spa, fitness centre, restaurant, coffee shop, conference facilities, and housekeeping service. Step out to enjoy golf, Nk'Mip Cellars Winery, and the Desert Cultural Centre, or take a short stroll to the beach, dock, and lakefront water sports. Note: Property is a pre-paid Crown Lease on Osoyoos Indian Band land with an HOA (fees apply). Photos show identical layout. Call today for complete details! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$120K
Down payment30% · $36K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$554

Projected NOI

$7K

Annual cash flow

$550

Cash-on-cash

1.53%

DSCR

1.08

Going-in cap

6.00%

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

71,759

Households

27,117

Median income

$73,000

Median age

37.5

Daytime population

85,146

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 1200 RANCHER CREEK Road Unit# 251ABCD, Osoyoos.

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.