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Land For Sale at 4911 QUESNEL FORKS ROAD in Likely, British Columbia

New
4 Sale ID #222660
Updated 06 May 2024

Asking Price

$225,000

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

Lovely acreage overlooking the roaring and spectacular Quesnel River at the outlet of Quesnel Lake. Previously a B&B, due to fire the home is no longer here. This 4.72-acre lot is fully serviced with a shared well with adjoining property. Manicured and landscaped lot with a mix of shrubs, deciduous and coniferous trees. Large octagonal log Gazebo is a central feature of the landscaped grounds with 3 full serviced RV sites with separate septic. Incredible shop (32' X 24') with a lean to for all your toys and equipment. Zoning is both Rural 1 and Tourist Commercial(C2). Come build your dream. Likely is a quaint rural community with an elementary school, grocery store, Pub/restaurant and outdoor adventure on this 70-Mile-long Lake. Approximately 1.5 hours to Williams Lake. (id:39198)

  • MLS® : #R2866614
  • Date Listed : 05 Apr 2024

Location

Province

British Columbia

City

Likely

Address

4911 Quesnel Forks Road

Postal Code

V0K2G0

Location Highlights

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Listed by

eXp Realty (100 Mile) 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

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

N/A

Financial Information

Yearly Rate

$225,000

Asking Price

$225,000

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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