Charter Houseboat Investment with Sunshine

What makes investing in houseboats a unique opportunity?

Preservation of Capital

As the registered Owner of the houseboat, the value of the asset remains in the Investor's control. The resale value of the boats remains strong due to the Charter revenue that they create.

Good Use of Investment Capital

As with any solid revenue investment, the ability to access attractive financing arrangements is available on houseboats. Investment boats are able to secure 80% financing at competitive rates for amortization periods as long as 20 years with stand alone financing.

Low Hassle Investment

The structure of our management agreement is designed to protect and maintain your investment with a motivation to produce strong revenues. This is done without a need for the Owner to deal with time consuming elements of operation, maintenance, winterizing and charters.

Recreational Usage

With the ownership of the houseboat, obviously comes usage and with that owners receive priority advance booking privileges for shoulder season bookings. As an Owner, you can use your houseboat for a small housekeeping and service fee of $250 per charter during the non-prime booking season.

Cash Flow Risk Mitigation

Sunshine Houseboats is experienced in the resort business but realizes that you may not be. In order to mitigate some of the risk of the variable cash flow of our seasonal business, Sunshine Houseboats will give an advance on charter revenue to investors. These payments are made in 6 equal instalments starting on June 30 and is based on the estimated return revenue for the current year.

Tax Advantages

Investing in houseboats is a positive return investment. There are also significant benefits for higher tax bracket purchasers. Interest and overhead expenses for the investment can be deducted from the income revenue. This combined with Capital Cost Allowance adjustments can eliminate any taxable income from the houseboat for many years. Depending upon your tax situation, there can also be significant income tax refunds when these deductions are utilized. These potential tax advantages will be the result of your comunication with and advice of your accountant.

High Quality Experience

Lake Koocanusa is one of the best houseboating lakes in North America . The scenery, weather, fishing, clean water and unspoiled surroundings combine to make your experience, and those who charter the houseboats, one to treasure. The houseboats that we are offering to investors have been constructed by manufacturers known for their reliability in the industry.

1. 2002 Sundrifter II

2. 1996 Sunseeker II

3. 1997 Sunseeker II

(see Boats in the Fleet for sale here)