For Sale · Specialty

1383 Silver Sands Road Unit# 68, Sicamous

1383 Silver Sands Road Unit# 68, Sicamous, BC V0E2V4

$495,000 total

—

Asset Class

Specialty

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

99%

Year Built

2021

Lot Size

0.07 ac

About this property

INCREDIBLE RIVERFRONT CORNER LOT! This beautifully appointed Kropf Industries 12' x 48' park model sits on a large waterfront site with incredible river views and extensive improvements. Quality 2x6 construction and a metal roof add to this exceptionally clean home that has seen very little use. The fully concreted lot features a substantial concrete retaining wall, cantilevered concrete patio, glass railings to maximize the views, private stairs directly to the river, vinyl fencing, storage shed, oversized parking and a large awning. Inside you'll find 2 bathrooms, in-unit laundry, 50-amp service, furnace and A/C. The custom kitchen features Café cabinetry, solid-surface countertops, oversized 72"" island, pantry, gas range, dishwasher and microwave. Enjoy the fireplace with full-height shiplap feature wall, built-in entertainment centre, tiled glass shower, double sinks, pocket doors and excellent storage. New zoning allows bunkies and additions, offering even more possibilities. Short-term rentals and pets allowed. A truly impressive riverfront property that must be seen to be appreciated! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$495K
Down payment30% · $149K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$39K

Annual cash flow

$11K

Cash-on-cash

7.72%

DSCR

1.42

Going-in cap

7.86%

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

68,377

Households

32,134

Median income

$95,500

Median age

43.8

Daytime population

58,213

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 1383 Silver Sands Road Unit# 68, Sicamous.

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.