Business For Sale · Land

SUB 12 SEC 8 HARRISON RIVER, Mt Woodside, Agassiz

SUB 12 SEC 8 HARRISON RIVER, Mt Woodside, Agassiz, BC V0M1K0

$1.8M total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

93%

Lot Size

20.01 ac

About this property

RARE opportunity to own one of the most unique properties in the heart of the Harrison River Valley. This 20 Acre Parcel utilizes CM3 Zoning (Commercial Marine) providing endless opportunities. The property currently has a log cabin w/ metal roof, wood/propane heat, water sourced and filtered from the river, hot water on demand as well as a waste permit in place. Everything you need to enjoy comfortable off grid living is established. World class fishing right from the immaculate dock which hosts steel pilings 12 years of age. Boat access only, no unauthorized access unless listing agent is present. Mock Plans available to accommodate multiple cabins. The property has immense value in possibilities residing in District of Kent, contact listing agent for info package. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.79M
Down payment30% · $537K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$80K

Annual cash flow

$-19K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

143,561

Households

52,495

Median income

$119,000

Median age

35

Daytime population

180,182

5-yr growth

5.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for SUB 12 SEC 8 HARRISON RIVER, Mt Woodside, Agassiz.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.