Riverside Resort Qualicum, BC

3506 West Island Hwy, Qualicum, BC
Riverside Resort
7.5% Yield 7 Acres

Property Facts & Highlights

  • Asking $5,945,000
  • Net Income for 2019 shows a 9% gain over 2018 - Cap rate now 7.5%
  • Successful, operating resort in the Qualicum Beach area
  • Well maintained with a strong management team, financial performance shows an increasing year over year revenue
  • Resort can accommodate in excess of 300+ guests
  • Range of accommodation types from motel style to townhouses and detached cottages
  • Full information package available, financial details available upon execution of a Non Disclosure Agreement
  • All property visits to be strictly completed with the Listing Agent. Please do not approach Resort staff

Located in the Qualicum Beach area of Vancouver Island, this highly successful riverfront resort has been a favourite vacation destination for many years. With a long and successful operating history of over three decades and a solid reputation, this 7 acre property provides for wide range of accommodation options from motel style to detached cottages and townhouse units, in addition to 50 RV pads.

Furthermore the Resort boasts many amenities including an outdoor pool with two water slides, a mini golf course, a stationary food truck, ice cream parlor, playground, a large convenience store, plus the convenience of an on site laundromat.

Riverside Resort is located within a 40 minute drive from BC Ferries Departure Bay Terminal and a two hour drive from the City of Victoria. This vibrant island region is a popular location for full time residents and vacationers alike.

Contact Colliers International Today

Alan L. Johnson

604 661 0842

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