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Hospitality Property For Sale at 4025 Squilax-Anglemont Road in Scotch Creek, British Columbia

4 Sale ID #211354
Updated 27 Apr 2024

Asking Price

$749,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Fantastic opportunity in a bustling holiday destination! This property, currently known as Scotch Creek Lodge, is versatile and ready for a new owner. With a one-bedroom suite already rented full time, a main lodge featuring 4 bedrooms and a great room with a pool table, the potential for a vacation rental, restaurant, coffee shop, or art gallery is endless. Fully furnished and turnkey, this property offers lots of room for growth and expansion, with the possibility to be used for other retail/commercial or residential purposes. Located on a main road with ample parking, this property is zoned C-1, making it a prime investment for the savvy entrepreneur. (id:39198)

  • MLS® : #10305935
  • Date Listed : 01 Mar 2024

Location

Province

British Columbia

City

Scotch Creek

Address

4025 Squilax-anglemont Road

Postal Code

V0E1M5

Location Highlights

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Listed by

Royal LePage Access Real Estate British Columbia listing

Category

hospitality-properties

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

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Financial Information

Yearly Rate

$749,000

Asking Price

$749,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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