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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$329,900
Cap Rate 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)
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
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 Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate 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 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 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
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 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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