51 Lake Newell Resort Road
A-4451 Lake Newell Resort T0J 2M0

$2,800,000
Land

Main Photo: 51 Lake Newell Resort Road, Lake Newell Resort
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Status:
Active
Prop. Type:
Land
MLS® Num:
A2031541
Opportunity to invest and develop a 344 spot RV/camping site by the lake. This project is registered with Invest Alberta (A Crown Corporation), we expect this location will be as popular as other Alberta vacationing spots. Approximately 40 Acres of lake side land designed for 344 RV spots, for $2.8M. ASP approved. Lakeside land on one of the largest (65 sq km) and warmest lakes in Alberta. 10 minutes south of Brooks. The land has been approved for campground development in the ASP (area structural plan). Access to the lake from the campsite. Marina access and boat launch available, water and sewer connection available. All shallow services along the road. Access to the campsite through proposed golf course and driving range land to be developed. Other surrounding developments such as golf course, marina commercial development, gas station, shopping, hotel, vacation village and lakeside residential development opportunities are available in addition to the campsite development. NDA required for further details. We have estimated cost for completing this development and revenue projection based on similar RV camping business models.
Property Type:
Land
Property Sub Type:
Commercial Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
30 Days / Neg
Possession Date:
Mar 31, 2023
Taxes:
$870 / 2023
Lot Area:
40 acre(s)
Lot Details:
Irregular
Bathrooms:
- (Full:-, Half:-)
Plan:
ATS
Ensuite:
No
Garage:
0
NONE
N/A
None Known
Title to Land:
Fee Simple
Community Features:
Fishing
Num. of Parcels:
0
Fencing:
None
Region:
Newell, County of
Zoning:
Recreational
Listed Date:
Mar 12, 2023
Days on Mkt:
267
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Data was last updated December 4, 2023 at 08:05 AM (UTC)
Edward Kwan
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