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Land For Sale at Lot 110 RIVERSIDE DRIVE in Fairmont Hot Springs, British Columbia

4 Sale ID #219632
Updated 28 Apr 2024

Asking Price

$131,900

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.

N/A

Lot Size

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Building Size

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Premise Summary

Imagine the possibilities! This picturesque lot is truly an empty canvas awaiting your creative genius to turn it into a masterpiece of a home. The location has it all, Rocky Mountain views, beautiful golf course surroundings, the calming flow of the Columbia River. All of this beauty is tucked away in a private gated community far from the hustle and bustle of everyday life. Featuring an ideal flat building lot, you can dream big and create the home you have always wanted in this little corner of paradise. With all the activities nearby; golf, ski, hiking, biking, river & lake adventures, Fairmont Hot Springs is the perfect home base location to do it all in every season. NO GST & no building commitment gives you the freedom to plan at your leisure while getting great value for your purchase. Don't wait for another opportunity like this to come along! (id:39198)

  • MLS® : #2475719
  • Date Listed : 25 Mar 2024

Location

Province

British Columbia

City

Fairmont Hot Springs

Address

Lot 110 Riverside Drive

Postal Code

V0B1L1

Location Highlights

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Listed by

Royal LePage Rockies West British Columbia listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

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

$131,900

Asking Price

$131,900

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.

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.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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