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Land For Sale at Lot 2 HIGHWAY 41 in Grand Forks, British Columbia

4 Sale ID #216787
Updated 28 Apr 2024

Asking Price

$219,000

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

Lot Size

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Building Size

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Premise Summary

Build ready property is .88 acre + is in the desirable west side of the Grand Forks valley. New 40 GPM well + new septic in place. Beautiful building site with endless opportunities. Build your dream home or a modest dwelling. Modular homes are an option. 10 x 10 outbuilding in place. Power and gas are available. (id:39198)

  • MLS® : #2475560
  • Date Listed : 18 Mar 2024

Location

Province

British Columbia

City

Grand Forks

Address

Lot 2 Highway 41

Postal Code

V0H1H5

Location Highlights

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Listed by

Grand Forks Realty Ltd British Columbia listing

Category

land

Property Information

Premise Status

N/A

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

$219,000

Asking Price

$219,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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