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$1.3M total
—
Asset Class
Hospitality
Size
—
Building class
A
Zoning
CHY — Highway Corridor
$ / SF
—
Occupancy
96%
Year Built
2000
Lot Size
2.92 ac
Located in Cynthia, AB this fully functional, year round 40 site RV park comes complete with a two-storey cedar log home/office, workshop, two guest houses, and 4 custom log cabins. Also included with the property is the infamous Cyn City Saloon! The Saloon is comprised of a well kept and perfectly set up full service kitchen & charming country bar with large covered patio that attracts visitors and motorcyclists alike! In addition to being a residence, the log home also serves as the RV Park office where campers can check in. The guest houses are fully furnished with bedrooms, bathrooms, and full kitchens. The RV sites - 20 have 30 amp power with water, and the other 20 have power, water & sewer and for those who need their showers - there is a shower house complete with flush toilets. There are tent sites that also have access to these amenities. The four log cabins each have front patios, are fully furnished with kitchens, bathrooms, two double beds, and lofted sleeping areas. This is a dream property! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$92K
Annual cash flow
$20K
Cash-on-cash
5.01%
DSCR
1.27
Going-in cap
7.04%
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
54,371
Households
24,970
Median income
$130,000
Median age
35.8
Daytime population
62,800
5-yr growth
4.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 4836A 53 Ave, Cynthia.
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.