454065 Hwy 22 - Sports and Entertainment FOR SALE


Alder Flats, AB T0C 0A0
$3,500,000 CAD
587-400-1272
454065 Hwy 22, Alder Flats, AB for Sale
$3,500,000 CAD
Sports and Entertainment - FOR SALE
1/4
null | Request Cap Rate

454065 Hwy 22
Alder Flats, AB T0C 0A0


HIGHLIGHTS

  • 18-hole golf course; small pro-shop and 2 large maintenance garages; 65 fully-serviced RV lots; 1 gas well; 16 surveyed acreage lots
  • 5 separate septic systems; four water wells and high-capacity pumps; six large holding ponds all tied together with piping; fully-irrigated course

OVERVIEW

Become part of the $2.8B segment of the province’s leisure-time economy and take up this popular and well-situated golf course and camping site. Buck Lake is a growing destination for recreation-seekers from the Capital region and is gaining attention and demand, with new breweries and distilleries increasing tourist appeal in the area. This asset is already a local favourite, one of the longest courses for distance-of-play in Alberta and has room for modest improvements that increase its value immensely. At a sale price far below construction cost and capitalizing on the area’s attention among investors, now is the time to jump on this opportunity.

FOR SALE DETAILS

PRICE

$3,500,000 CAD

PRICE/SF

$1,232 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GOLF COURSE AT BUCK LAKE

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

160 AC

LAND SF

6,969,600 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tish ProuseRE/MAX Commercial CapitalMore Info
587-400-1272

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Tish ProuseRE/MAX Commercial CapitalMore Info
587-400-1272

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.