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Ranch For Sale at 5770 SPRING LAKE ROAD in Lac La Hache, British Columbia

updated
4 Sale ID #148593
Updated 03 May 2024

Asking Price

$3,500,000

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

One of the few properties left of this size to have private lake access, as the property stretches across one side of Spring Lake. So many recreational activities to do on this beautiful 595 acre ranch, consisting of 5 titles. The property is south facing & gently slopes towards the lake. Year-round gravity flow water is supplied to all the buildings and livestock. With over 200 acres in alfalfa/grass production, there are many ways to make this property profitable. 5 homes (the farmhouse & 4 other log homes); 2 barns (1 livestock w/ hayloft & a 40' X 100' hay barn); 15’ x 25’ greenhouse, heated w/ wood furnace & a labyrinth of rocks to keep it warm for hours; six small cabins without electricity; workshop & games room washrooms with showers and laundry; and a small horse tack barn. Also on Residential see MLS# R2809210. (id:39198)

  • MLS® : #C8053857
  • Date Listed : 26 Aug 2023

Location

Province

British Columbia

City

Lac La Hache

Address

5770 Spring Lake Road

Postal Code

V0K2E0

Location Highlights

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Listed by

Century 21 Creekside Realty (Luckakuck) British Columbia listing

Category

agricultural-properties ranches

Property Information

Premise Status

Includes REAL ESTATE

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

2,492

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

$3,500,000

Asking Price

$3,500,000

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

2,492

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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