1/17346 Highway 97A Highway, Sicamous
346 Highway 97A Highway, Sicamous, BC V0E2V1
$4.2M total
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Asset Class
Hospitality
Size
—
Building class
A
Zoning
CB2 — Central Business
$ / SF
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Occupancy
82%
Lot Size
3 ac
About this property
Prime, commercially zoned waterfront RV community on beautiful Mara Lake, in BC’s popular Shuswap region. Providing over 3 acres and 200+ ft. of walk-on sandy waterfront, property is currently improved with 22 pads in a private and park like setting. Originally developed with 32 pads, several pads were removed to open up the waterfront for resident use. Gated and fully fenced, property includes resident showers/laundry/garage/storage/small craft marina. This is an excellent opportunity to acquire a C5 zoned, fully serviced waterfront site with potential for increased density. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$19K
Projected NOI
$190K
Annual cash flow
$-43K
Cash-on-cash
-3.40%
DSCR
0.82
Going-in cap
4.52%
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
125,257
Households
58,941
Median income
$114,000
Median age
34.7
Daytime population
115,525
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 346 Highway 97A Highway, 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.