$2,199,000/ 8br - Vacation Rental Resort For Sale! (Revelstoke, BC)
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8BR / 9+Baavailable jan 26
furnished cottage/cabin laundry on site off-street parking
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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!
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.
Features:
Turn key vacation rental resort
Snowmobile right from your door
Proven revenue (yes, even during 2020)