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Land For Sale at Lot 32A TOBY HILL ROAD in Invermere, British Columbia

New
4 Sale ID #221082
Updated 03 May 2024

Asking Price

$349,000

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

**ATTENTION RECREATIONAL BUYERS, LOCALS OR INVESTORS** Experience the incredible privacy and serenity provided by a 6.1 acre parcel of land AND the convenience of being close proximity to everything the Columbia Valley has to offer. Simply minutes to beautiful wetland hiking/biking trails, downtown Invermere, public beaches, various golf courses, Panorama ski resort, lake Lillian and more. The current owners use the property for weekend use and they bring in their own water. There is a very functional, well built outhouse on the property as well. Power is nearby for a future build and the land was witched for water with favourable results for a future well if someone wanted to do so. The onsite Fifth wheel is a 2004 in excellent shape and the sellers would like to sell it along with the property along with the view deck and all accessories for an additional $10,000 separate from the purchase of the land. Do not hesitate to secure your summer getaway in the mountains! (id:39198)

  • MLS® : #2471447
  • Date Listed : 12 Jun 2023

Location

Province

British Columbia

City

Invermere

Address

Lot 32a Toby Hill Road

Postal Code

V0A1K5

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

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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

$349,000

Asking Price

$349,000

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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