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$495,000 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
99%
Year Built
2021
Lot Size
0.07 ac
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 1383 Silver Sands Road Unit# 68, Sicamous.
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.