Property view at 32351 Range Road 55  , Rural Mountain View County - Commercial investment property with 13,046 sqft - Photo 1 of 49 | Calgary real estate investment
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32351 Range Road 55

Rural Mountain View County, Alberta T0M0X0
MLS® A2164124407 days on marketListed Sep 9, 2024
Exclusive Offering
$5,500,000
13,046Living Space
144Garage Spaces
2005Year Built

Property Overview

Welcome to Coyote Creek Golf and RV Resort, located in the shadows of the Canadian Rockies along the Red Deer River, and a short drive West of Sundre, Alberta.

The course offers a unique blend of a fully irrigated 18-hole Championship Golf Course designed by Browning Horrocks and an RV resort as an attraction to the area.

The course is designed to appeal to golfers of all skill sets with a Rating/Slope of 121/71.1 from the tips at a total of 6,662 yards and 122/69 at the forward tees with a yardage of 5,858.

The hazards are the natural ponds and creek on the property as well as the mature trees and sand bunkers.

The property features a driving range with a golf ball dispenser, a chipping practice area, and a putting green to offer golfers a chance to warm up, and the campers a place to spend a few extra hours working on their game.

For guest experience, there is a large clubhouse with a wide selection of clothing, clubs, and golf accessories.

The Coyote Den Grill, which opened in 2015, is a fully licensed restaurant with an array of meal choices.

The dining room and patio are situated on a large pond stocked with rainbow trout.

The Den is open to the public to enjoy.

Last is a large banquet facility to host up to 150 guests for corporate events, weddings, reunions, and more.

The RV Resort has space for 30 landscaped back-in sites and 10 spacious drive-through spots.

Each site has access to 50-30-15 amp power and full-service hookups.

They also feature picnic tables and a fire pit.

Guests also have access to shower and laundry facilities for those wanting a longer stay.

To help support the course, the clubhouse, and the facilities, there are over 300 privately owned RV lots on the property.

For future growth, the current owners have a plan that could include another 180 campsites and seasonal campsite rentals, a challenging 9-hole par-3 course, and a large pond stocked with the intention of campers being able to stay and golf and fish! All of this allows for additional support for the facilities in the resort.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$422/sqft
Above average pricing - verify premium features

Investment Considerations

Established Property: May require updates to maximize rent potential. Consider renovation costs in analysis.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Commercial Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.

GA4 Testing

Tests 6 events including Tier 1 conversions