454065 Hwy 22 - Sports and Entertainment FOR SALE


Alder Flats, AB T0C 0A0
$3,200,000 CAD
780-709-4657
454065 Hwy 22, Alder Flats, AB for Sale
$3,200,000 CAD
Sports and Entertainment - FOR SALE
1/4
null | Request Cap Rate

454065 Hwy 22
Alder Flats, AB T0C 0A0


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 pounce on this opportunity. HIGHLIGHTS - 18-hole, long-play course with full irrigation and catch systems in place to the highest standard - 19th fairway for tournament settlements and extra play - Fully-serviced RV and tent campground for additional revenue - All maintenance equipment and golf accessories included in sale, as well as two residential structures for staff or owner lodging - Planned division for acreage housing as future sale revenue - Gas extraction leases and ROW agreements for additional revenue - Scenic and enjoyable 1.5 hour drive from Edmonton in Wetaskiwin County

FOR SALE DETAILS

PRICE

$3,200,000 CAD

PRICE/SF

$1,126 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

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 ExcellenceMore Info
780-709-4657

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Tish ProuseRE/MAX ExcellenceMore Info
780-709-4657

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