C 5463 Sold

Description:

INVESTMENT OPPORTUNITY ~ With a projected 8.5% Cap rate this well-established vacation rental resort is the perfect business for investors looking to cash in on the ultimate Revelstoke Lifestyle! 3 minutes to Revelstoke, 10 minutes to RMR and 500meters to the West Trail entrance of Boulder Mtn (sledding mecca), this unique property offers ride-out access to some of the world’s most dynamic snowmobile terrain. Rental capacity is 39 guests per night but stand-alone cabins also offer space for smaller groups of 2-6. Accommodations include 3 Cabins , 3 Rental Suites, 1 Caretaker's Cabin, 2 RV sites and an Owner's Apartment atop a 3 bay heated shop. This property is serviced with 2 septic systems and a high-output 260ft Well, Pull-through parking for trucks & trailers, laundry facilities, high-speed wifi, and individual hot-tubs for suites and cabins. The business has an excellent reputation for customer service (10+ years of good will) and an enthusiastic customer base.

Features:

  • Turn key vacation rental resort
  • Snowmobile right from your door
  • Proven revenue
  • 3 cabins, 3 rental suites, 1 caretaker cabin, 2 service RV sites, owners apartment, 3 bay heated shop


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Listing Details:

MLS #: 10221600
Price: $ 2,199,000
Taxes & Tax Year: 2994.00
Building Type: Other
Lot Size: 1.14 acres
Zoning: Highway Commercial
15 Pine Road
Revelstoke, British Columbia
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Tara Sutherland

Associate Broker
Mobile: 250-814-8677
tara@revelstoke-realty.com