RV Park/Campground Details

  • Purchase Method: Cash
  • Cap Rate: 3.7%
  • Listing ID: 1463942
  • Posted On: Jun 23, 2021
  • Updated On: Sep 9, 2021

Description

12975 Squamish Valley Road, V0N 1H0 - "Squamish Valley Campground" + 50 Pad RV Park & 20 cabins (10-15 SQ M) with preliminary approval. 195 acres of treed flat land in Upper Squamish Valley w/18 acres across Squamish Valley Road located at mile 16.5. Property is quiet & peaceful with a sandy beach section for exclusive use, 200 campsites, maintenance shop, several outbuildings, sheds & 5 Sea Can storage units (Shipping Containers) + BONUS approx. 1.2 million S/M of gravel deposits worth in excess of $10M. 2021 Assessment $1.449M, taxes $2,091/Yr. Predicted income for 2021 is $350K. There are also 2- 600A electrical services and a 197 ft well with 6 inch supply line providing 15 gallons/min, Seller willing to give Buyer a 50% VTB 1st Mtg. More info on realtor’s web site, PID 004-942-191, Double Exposure – the Listing is on Residential MLS MLS-R2562576 and Commercial MLS-C8037598. SLRD says the property is partially in ALR while ALR says the whole property is in ALR, Buyer needs to confirm with Authorities.

Link to Feature Sheet: https://rem.ax/squamishvalleycampgroundfeaturesheet

Location

195 acres of treed flat land in Upper Squamish Valley w/18 acres that are across Squamish Valley Road located at mile 16.5. Property is quiet & peaceful with a sandy beach section for exclusive use, 200 campsites, maintenance shop, several outbuildings, sheds & 5 Sea Can storage units (Shipping Containers)

Amenities

  • Boat Access
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 50
Year Built: 1990
Average RV Lot Rent: $400
Size: 195.0 acre(s)

Financial Information (Actual)

Gross Income: $350,000
Operating Expense: $50,000
Net Operating Income: $300,000
Expense Ratio: 14.3 %

Utility Information

Water: Well
Sewer: Septic

Video