1/2425052 South Pine Lake Road, Rural Red Deer County
25052 South Pine Lake Road, Rural Red Deer County, AB T0M1S0
$1.6M total
1,783 SF
Asset Class
Specialty
Size
1,783 SF
Building class
B
Zoning
US — Urban Services
$ / SF
$892
Occupancy
89%
Year Built
1955
About this property
Lakeside Country Resort is a waterfront RV resort and marina on 1.37 acres at Pine Lake, offered as an asset sale (land, buildings, store, and all other improvements). The resort features 20 RV sites (13 long-term, 7 seasonal), along with 22 boat docks with an active waiting list. Enjoy a private sand beach, boat docks, and a pontoon boat, included in the sale, available for hourly or daily rental to guests. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$89K
Annual cash flow
$1K
Cash-on-cash
0.25%
DSCR
1.01
Going-in cap
5.62%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 682 SF | 2034-10 |
| Prairie Coffee Roasters | 400 SF | 2034-10 |
| Prairie Coffee Roasters | 513 SF | 2034-10 |
Area demographics
Trade area within 3 miles of the property.
Population
94,409
Households
36,948
Median income
$136,500
Median age
36.4
Daytime population
131,130
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 25052 South Pine Lake Road, Rural Red Deer County.
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.