1/323315 30 Avenue, Vernon
3315 30 Avenue, Vernon, BC V1T2C9
$99,000 total
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Asset Class
Hospitality
Size
—
Building class
B
Zoning
CHY — Highway Corridor
$ / SF
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Occupancy
86%
Lot Size
0.11 ac
About this property
Exciting Business Opportunity- Vernon Hostel prime location downtown Vernon. Approximately 5,000 sq ft of second floor, space made up of 13 private cozy rooms, each set up with mini fridge and TV, plus one large dorm area with 14 single beds. Large living, kitchen, and dining areas. Well kept and clean operation make this a desirable place for backpackers and travelers. Ideal for long term stays as well. Makes a wonderful setup to work and live out of the same place. Must Sell, owner is retiring! Asset sale only, financing will not be available for this business; buyer must purachuse with all cash. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$457
Projected NOI
$5K
Annual cash flow
$-24
Cash-on-cash
-0.08%
DSCR
1.00
Going-in cap
5.52%
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
109,693
Households
43,175
Median income
$130,000
Median age
37.9
Daytime population
120,919
5-yr growth
7.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3315 30 Avenue, Vernon.
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.