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$12M total
—
Asset Class
Hospitality
Size
—
Building class
C
Zoning
CHY — Highway Corridor
$ / SF
—
Occupancy
88%
Year Built
2009
Lot Size
853 ac
Experience the ultimate in tranquility & natural beauty at this breathtaking property spanning 853 acres of pristine BC wilderness between Merritt & Princeton. Nestled amidst wildflowers, pristine lakes, old growth ponderosa pine & aspen stands, this estate comprises 5 titles surrounding 2 lakes, ensuring privacy & exclusivity. The centerpiece of this remarkable retreat is an elegant, off-grid, lake-view lodge offering unparalleled style and luxurious comfort. With 7 bedrooms, 6 bathrooms, sleeping accommodations for 21, it provides ample space for entertainment. 2 kitchens cater to culinary enthusiasts & large gatherings alike. Equestrians will delight in well-appointed facilities, a barn, 10 stables, round pen, outdoor arena & fenced paddocks. The entire property is fenced and cross-fenced with rail & wire. The property surrounds 2 lakes, and touches 3 others, with additional marsh and waterways. The main lake is stocked with rainbow trout, offers exceptional fishing, complemented by a swim platform & dock for swimming, paddle-boarding. Extensive roads & trails wind through the landscape, inviting exploration on foot, horseback, or skis, catering to outdoor enthusiasts throughout the seasons. Renowned for its superb summers and picturesque winter days under clear blue skies, this property promises an unparalleled lifestyle blending luxury, natural beauty, and recreational opportunities in perfect harmony. Please see the listing agent site for more information. Imagine! (id:66811)
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Monthly debt service
$55K
Projected NOI
$630K
Annual cash flow
$-35K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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.
Trade area within 3 miles of the property.
Population
87,855
Households
36,492
Median income
$86,500
Median age
45.2
Daytime population
86,435
5-yr growth
2.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1000 Halfway Lake Road, Princeton.
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.