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!
QR Code Link to This Post
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 (Great Water!), Pull-through parking for trucks & trailers, laundry facilities, high-speed wifi, and individual hot-tubs for suites and cabins.
3 minutes to Revelstoke, 10 minutes to Revelstoke Mountain Resort and 500meters to the West Trail entrance of Boulder Mountain (sledding mecca), this unique property offers RIDE-OUT ACCESS to some of the world’s best snowmobile terrain.
The business has an excellent reputation for customer service (10+ years of good will) and an expanding customer base. This is not a pandemic "fire sale". The business has proven to be viable even during the pandemic. Owners are flexible on possession and will work with buyers to ensure a smooth transition. Possibility of carrying a portion of the financing for the right buyer.
Turn key vacation rental resort
Snowmobile right from your door
Proven revenue (yes, even during 2020)
Grizzly Cabin (Sleeps 5) Shared hot-tub
Kodiak Cabin (Sleeps 6) Shared hot-tub
Spirit Bear Cabin (Sleeps 6) Private hot-tub - to be completed FEB21
Black Bear Suite (Sleeps 6) Private hot-tub
Brown Bear Suite (Sleeps 6) Private hot-tub
Polar Bear Suite (Sleeps 10) Private hot-tub
Teddy Bear Cabin (Sleeps 3)
2 Bedroom 1 bath w/Large shop - Private hot-tub
2 serviced RV Sites and a 3 bay Heated Shop
Map may be inaccurate, this property is in Revelstoke, BC... 3 minutes from town centre.
2 Hours to Kelowna
5.5 Hours to Vancouver
4.5 Hours to Calgary