Business For Sale · Land

1641 AIRPORT ROAD, Squamish

1641 AIRPORT ROAD, Squamish, BC V0N2L3

$5.0M total

—

Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

—

Occupancy

90%

Lot Size

10.14299816345271 ac

About this property

Exceptional 10+ acre property ideally situated along Highway 99 and the Lillooet River in beautiful Pemberton, BC. Surrounded by breathtaking panoramic views of Mount Currie and the neighboring mountains, the property is just steps from a paved boat launch providing direct access to the river. The property is pre-rezoned to be built with 21 commercial resorts or estate-style development, site offers tourism and adventure-tourism activities, a bed and breakfast, event venue, equestrian or riding facilities, and more. Within walking distance to golf courses and horse riding adventures. 5-min drive to Pemberton Airport, a 5-min drive to the Village of Pemberton, and a 30-min drive to the heart of Whistler. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4.98M
Down payment30% · $1.49M
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$23K

Projected NOI

$213K

Annual cash flow

$-63K

Cash-on-cash

-4.22%

DSCR

0.77

Going-in cap

4.28%

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

92,412

Households

33,207

Median income

$133,000

Median age

38.6

Daytime population

145,455

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 1641 AIRPORT ROAD, Squamish.

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.