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$ 4,995,000
Est. payment | /mo
3,677 SqFt
$ 4,995,000
Est. payment | /mo
3,677 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3677
Square Footage 3,677 sqft
Price per Sqft $1,358
MLS® Listing ID A2319442
Year Built 1984
Lot Size 153.240 Acres
Acres 153.24
Property Sub-Type Freehold
Property Description
An exceptional opportunity to acquire an established recreational resort and investment property in Central Alberta, offering existing revenue streams, valuable infrastructure, remaining serviced RV lot inventory and significant future development potential.Situated on 153.24 acres near Sylvan Lake, this unique property features approximately 160 developed RV sites, a professionally redesigned 9-hole golf course, clubhouse, restaurant, pro shop, driving range, heated outdoor swimming pool, pickleball courts, swimming ponds, playgrounds and extensive recreational amenities.EXISTING INFRASTRUCTURE & REVENUE OPPORTUNITIES: Approximately 125 RV sites are currently under 35-year ground lease agreements, providing an established ownership and operating structure. The remaining developed RV sites represent an opportunity for a new owner to generate additional revenue through the sale or leasing of existing serviced inventory. RV sites are serviced with water, sewer and power, providing a substantial infrastructure investment already in place.SIGNIFICANT EXPANSION POTENTIAL: Beyond the existing development, the property offers considerable long-term growth opportunities. Phase 3 is currently progressing through the approval process and is designed to accommodate approximately 180 additional RV sites. Future plans also contemplate a potential Phase 4 expansion of approximately 120 additional sites, subject to applicable approvals. Together, these proposed phases offer the potential to substantially increase the resort's capacity and create additional revenue opportunities.MULTIPLE REVENUE STREAMS: The combination of existing RV ground leases, remaining serviced lot inventory, golf operations, food and beverage facilities, and recreational amenities provides an established foundation for an investor or experienced resort operator. The property's extensive land base and planned expansion opportunities offer additional flexibility for future business growth.Strategica lly located in Central Alberta near the popular Sylvan Lake recreational area, this offering combines an established resort operation, significant existing infrastructure and long-term development potential in one comprehensive investment opportunity.Whether you are an experienced RV resort operator, recreational property investor or developer seeking an established property with room for expansion, Alberta Views offers a unique opportunity to acquire a substantial recreational asset with multiple potential revenue streams.NOW OFFERED AT $4,995,000. Detailed financial information, operating statements, development plans and additional property information are available to qualified purchasers upon execution of a confidentiality agreement. Contact the listing agent for further information and to arrange a private viewing. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Landscaped
Sewer Septic tank, Septic System
Others
Ownership Freehold
Virtual Tour https://youtu.be/GEFCYOhAHAA?si=sbLmmTasCk4NdhGw
Listed by Real Broker
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