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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,500,000
Cap Rate 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)
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
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 Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate 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 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 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
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 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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