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Land For Sale at 1827S MORRISSEY CREEK RD in Grand Forks, British Columbia

4 Sale ID #170835
Updated 03 May 2024

Asking Price

$329,900

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

Escape to your own private paradise on 78 acres, surrounded by crown land on 3 sides. Nestled amidst the breathtaking landscape, this remarkable property offers a haven of tranquility & adventure for outdoor enthusiasts. As you explore the land, you'll discover undulating land with plenty of flat ground & scenic benches; perfect spots to envision your dream cabin. On the land is a recently constructed 12' X 16' building, thoughtfully erected by the owner & originally intended for a tack shed, feed shed, or tool shed or with a touch of creativity it could easily be transformed into a cozy cabin, providing a haven of comfort amidst the wilderness. Also, on the land is a old homestead, outhouse & an off-grid shower structure. The property boasts an abundance of shade trees providing a refreshing respite during hot days. Look ahead & you'll find yourself imagining the future potential of these medium-sized trees as they grow into valuable timber {the land has been partially logged by a former owner). Just below the old homestead is a spring-fed dug out/pond. Wildlife enthusiasts will be delighted by the diverse range of big game species that call this area home: moose, whitetail, mule deer, black bear & a substantial number of magnificent 6X6 elk frequent the property. Beyond its natural wonders, the property has good access to maintained quad & snowmobiles trails nearby. Zoning speaks to allowing a campground. Ideal homestead site. (id:39198)

  • MLS® : #2472583
  • Date Listed : 03 Aug 2023

Location

Province

British Columbia

City

Grand Forks

Address

1827s Morrissey Creek Rd

Postal Code

V0H1H2

Location Highlights

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Listed by

Landquest Realty Corporation British Columbia listing

Category

land

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

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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

$329,900

Asking Price

$329,900

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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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

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Market Competition

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