For Sale · Specialty

12801 POWELL LAKE, Powell River

12801 POWELL LAKE, Powell River, BC V8A4V9

$320,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

85%

Year Built

1990

Lot Size

0.98 ac

About this property

Spend your days up the lake with this ultimate 3-bedroom plus huge loft family retreat on Powell Lake! Situated 25 minutes up, this incredible float cabin offers the perfect blend of adventure and comfort with plenty of space for all the extra kids and gear. A rare find to have a sandy swimming beach and a shallow swim platform for safe water play. A new wrap-around deck surrounds the cabin creating the perfect space to relax and take in the scenery while ensuring low maintenance for many years to come. Designed for four season use, the cabin comes fully equipped with a cozy woodstove and a reliable solar power system all supplemented by propane. Don't miss this opportunity to own your own piece of turnkey lake life in Powell River! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$320K
Down payment30% · $96K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$19K

Annual cash flow

$992

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

82,855

Households

33,727

Median income

$75,500

Median age

41.3

Daytime population

99,139

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 12801 POWELL LAKE, Powell River.

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.