Golf Course and RV Park 5,800,000, lethbridge

Golf Course and RV Park 5,800,000

Price: $5,800,000

lethbridge > For Sale > Business > Golf Course and RV Park 5,800,000 (#113895)
User: Gil
Description

The Affordable Business Partner is Alberta's Leading Commercial Real Estate Introduction & Marketing Service. We specialize in introducing buyers, sellers and investors of businesses and commercial real estate in Alberta. Who can we introduce you to?

Opportunity to invest in a business model that takes advantage of the ever-increasing demand by Alberta RV owners for quality RV Parks located within a 2-hour drive from both Calgary and Edmonton.

With more and more RV owners searching to invest in a quality year-round location to park their RV’s, this property offers investors an opportunity to develop a long-term passive income.

The investment includes:
153 acres treed & landscaped recreational site
Former Estate 12 hole golf course built in 1981-83
2,400 sq. ft. refurbished clubhouse
Driving range
Current revenue on 5.8 acres - $28K annual 20 year Newalta lease

Development Options available
Phase I quote to build: $3.2M 100 fully serviced seasonal annual leases
Phase II, 60 units, cost $1.2M Expansion possible to 300+ units
Gross revenue @ 90% occupancy (160 units) $650,000 per annum

There are several business models to monetize leasing the clubhouse, driving range and course with membership for RV tenants.

A full CIM will be provided to interested investors once a buyers profile has been completed and returned.

Selling your business? Having difficulty in finding a buyer? Looking for an Investor? We offer many different options to help you. Find out how. Visit The Affordable Business Partner.com

Contact Information for Golf Course and RV Park 5,800,000

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