For Sale · Specialty

2544 Golden Horn Road, Kamloops

2544 Golden Horn Road, Kamloops, BC V0E1Z0

$3.1M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Lot Size

2.79 ac

About this property

Rare opportunity to acquire an established lakeside hospitality destination on beautiful Heffley Lake, BC. Lakeside Heffley Hideaway is a diversified recreational income property offering accommodation, camping, food & beverage, recreation and an owner/operator residence on 2.79 acres of stunning lakefront. The property features 5 private guest cabins—3 one-bedroom cabins accommodating up to 4 guests and 2 two-bedroom cabins accommodating up to 6 guests—plus 15 serviced campsites with power and water, including 2 tent-specific sites. A 4-bedroom owner’s residence enjoys beautiful lake views, while a private boat launch and private docks provide convenient lake access for guests and owners. The Lakeside Bistro is a Mexican-influenced restaurant with licensed bar, commercial kitchen and waterfront patio overlooking Heffley Lake. With paddle/boat-up access, the Bistro offers a distinctive destination dining experience and complements the accommodation and recreational operations. Water activity rentals provide an additional revenue stream. An established destination for fishing, hiking, boating, water sports, family gatherings, reunions and weddings. Ideally located between Kamloops and Sun Peaks Resort, within the broader Thompson-Nicola recreational market. The property offers multiple complementary revenue streams and the potential for an owner-operator to continue and expand the existing operation, subject to zoning, approvals and applicable regulations. A truly unique lakefront business and lifestyle opportunity combining accommodation, camping, dining, recreation and residential use in one exceptional setting. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.10M
Down payment30% · $930K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$14K

Projected NOI

$200K

Annual cash flow

$28K

Cash-on-cash

2.99%

DSCR

1.16

Going-in cap

6.44%

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

115,818

Households

49,296

Median income

$79,000

Median age

40.1

Daytime population

184,635

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 2544 Golden Horn Road, Kamloops.

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.