For Sale · Hospitality

472044 Range Rd 23, Winfield

472044 Range Rd 23, Winfield, AB T0C2T0

$2.7M total

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Asset Class

Hospitality

Size

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Building class

C

Zoning

CHY — Highway Corridor

$ / SF

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Occupancy

93%

Lot Size

0 ac

About this property

Rare opportunity to acquire a well-established recreational RV resort. situated on 160 treed acres just minutes from Pigeon Lake. Wood Pines RV Resort Positioned within one of Central Alberta’s most sought-after recreational corridors, the resort is located minutes from Pigeon Lake Provincial Park, golf courses, Battle Lake, and The Village at Pigeon Lake, whileremaining accessible to both Edmonton and Calgary. Whether you’re an investor seeking a recreational income property, an experienced operator looking to expand your portfolio, or a buyer pursuing a lifestyle asset, Wood Pines RV Resort presents a unique long-term opportunity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.70M
Down payment30% · $810K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$194K

Annual cash flow

$44K

Cash-on-cash

5.46%

DSCR

1.30

Going-in cap

7.18%

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

81,670

Households

30,792

Median income

$76,500

Median age

43

Daytime population

109,526

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 472044 Range Rd 23, Winfield.

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.