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Valley Rv Resort Acres With Rental Income For Sale

Yahk, British Columbia, Canada
Asking Price:
$1,975,000 (CAD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Fantastic opportunity! 100 acres along the Moyie River near Kingsgate, British Columbia, north of the Idaho border with 3,200 feet of river front!!! 3 Valley RV resort is a picturesque and well run resort along the banks of the scenic Moyie River in the heart of the Kootenays. 120 serviced units, 50 of which have been sold and provide $2,200/year each towards resort fees and another 70 in place and ready for you to sell or lease out for increased profits on the business. Lots have been selling for around $35,000 apiece. The lots are serviced with plumbing, septic and electrical with capacity to expand as needed. Paved roads crisscross the property as well. There is very substantial infrastructure on this property, with high producing wells and pump houses, high capacity electrical service and much more. There is even a fully serviced dwelling that could be remodeled to be an owner's or caretaker's residence. The cost of improvements alone are well worth the asking price, plus there is 100 acres of land with riverfront to go with it! This is a once in a lifetime opportunity to acquire an expansive premier Kootenay riverfront property with massive potential for development and profit.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Fully services dwelling that could be remodelled for onsite accommodation.

Location:

Highway frontage, at junction of Highway 95 and Highway 3

Premises Details:

3200 ft of riverfront! Services set up for 120 RV lots, 50 of which are sold and then pay resort/upkeep fees, currently bringing in $2200 annually . Income potential from the sale of the remaining 70 lots and subsequent resort fees - lots have been selling around $35,000 each, making this a very interesting investment.

Business Operation

Expansion Potential:

The lots are serviced with plumbing, septic and electrical with capacity to expand as needed. Paved roads crisscross the property as well. There is very substantial infrastructure on this property, with high producing wells and pump houses, high capacity electrical service and much more. There is even a fully serviced dwelling that could be remodeled to be an owner's or caretaker's residence.

Competition / Market:

Other RV resorts nearby on the south side of the river next to the highway.