1/143972 Kamloops-Vernon Highway, Monte Lake
3972 Kamloops-Vernon Highway, Monte Lake, BC V0E3B4
$1.5M total
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Asset Class
Hospitality
Size
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Building class
A
Zoning
CB2 — Central Business
$ / SF
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Occupancy
84%
Lot Size
12.42 ac
About this property
Welcome to Monte Lake Resort– a 12-acre property on the shores of Monte Lake, conveniently located on Highway 97 between Vernon and Kamloops. The resort features approx. 30 plus RV sites, lake access, and a waterfront area for guests to enjoy. With open areas ideal for additional RV sites, glamping, or other recreational uses. Existing improvements include a caretaker’s residence, washroom/laundry building, and a large activity building with a pizza oven – a centerpiece for gatherings, live music, and events. With its natural beauty, outdoor recreation, and central location, Monte Lake Resort offers potential for business development or a shared family retreat. Call your agent! - (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$73K
Annual cash flow
$-10K
Cash-on-cash
-2.14%
DSCR
0.88
Going-in cap
4.90%
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
125,826
Households
58,388
Median income
$120,000
Median age
36.2
Daytime population
207,850
5-yr growth
6.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3972 Kamloops-Vernon Highway, Monte Lake.
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.