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RV Park and Golf Course Development 5,800,000

The Affordable Business Partner connects buyers & sellers of businesses and commercial real estate in Alberta. Who can we introduce you to?

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.

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.

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 a business is easy. Finding a buyer is not. We offer several low-cost options to help you find buyers for your business. Find out how. Visit The Affordable Business

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Ad Id32268287
PostedSeptember 05, 2018
Expiry December 04, 2018
Details New, Commercial Seller
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