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Land For Sale at 3499 Luoma Road Unit# 103 in Malakwa, British Columbia

4 Sale ID #219629
Updated 28 Apr 2024

Asking Price

$198,000

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

Site #103 has a great location within the park being on a no thru road making it very private and quiet. Not just the location but the size and improvements are all here! This site is being sold with a 2020 Forest River Flagstaff Super lite 5th wheel. (Separate Bill of Sale for the RV) It comes complete with a fully insulated skirting package with 4 slides and 18 foot awning. Once you pull into the lot you have plenty of parking out front with a workshop/shed and tool storage to the left. Outback is an additional storage shed, wood storage and room for recreational vehicles. There is privacy panels throughout which makes this site private and peaceful. A great space to enjoy the outdoors and entertain around the fire pit area. Lots of work has gone into this site to make it turnkey for the new owners. Low monthly fees of $201.48 which includes power, water, sewer, road/park maintenance, garbage, snow removal, reserve fund and managment. Pride of ownership shows throughout. The lot is a corporate share sale with an option to finance the RV. Call me today to discuss further. (id:39198)

  • MLS® : #10308238
  • Date Listed : 25 Mar 2024

Location

Province

British Columbia

City

Malakwa

Address

3499 Luoma Road Unit# 103

Postal Code

V0E2V5

Location Highlights

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Listed by

Re/Max At Mara Lake 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

$198,000

Asking Price

$198,000

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

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Market Competition

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