For Sale · Specialty

Lakeside Golf Resort & Stone Meadows Estates, Blackstrap Reservoir

Lakeside Golf Resort & Stone Meadows Estates, Blackstrap Reservoir, SK S0K1K0

$3.5M total

0 SF

Asset Class

Specialty

Size

0 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

82%

Lot Size

81.89 ac

About this property

Build a legacy at Stone Meadow Estates, located near Blackstrap Lake and just 30 minutes south of Saskatoon along Highway 11. This exciting opportunity includes a 9 hole golf course, and 88 residential lots. Select lots feature power, and all lots include water servicing. Nearby schools include Clavet Composite School and Dundurn School, both approximately 15 minutes away. Secure your opportunity to develop a growing community surrounded by open skies and natural beauty. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.50M
Down payment30% · $1.05M
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$16K

Projected NOI

$205K

Annual cash flow

$11K

Cash-on-cash

1.05%

DSCR

1.06

Going-in cap

5.86%

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.

Area demographics

Trade area within 3 miles of the property.

Population

134,835

Households

53,381

Median income

$108,500

Median age

45.8

Daytime population

144,362

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for Lakeside Golf Resort & Stone Meadows Estates, Blackstrap Reservoir.

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.