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Land For Sale at LOT 3 RAINBOW DRIVE in Canim Lake, British Columbia

4 Sale ID #220656
Updated 07 May 2024

Asking Price

$100,000

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

Discover the perfect spot for your Cariboo home with this fantastic half-acre lot in Canim Lake Estates! Lot 3 is a private, tree-filled site offers an idyllic setting for building. Just a stone’s throw away from the stunning Canim Lake, the largest lake in South Cariboo, you’ll have endless opportunities for recreation. Must be sold with Lot 2, available on MLS R2864292, right next door - perfect for added privacy and investment! The lot has community water, power and cable at the road. (id:39198)

  • MLS® : #R2864290
  • Date Listed : 01 Apr 2024

Location

Province

British Columbia

City

Canim Lake

Address

Lot 3 Rainbow Drive

Postal Code

V0K1J0

Location Highlights

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Listed by

eXp Realty 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

$100,000

Asking Price

$100,000

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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