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Business For Sale · Land

7504 OLD ALASKA HIGHWAY, Fort Nelson

7504 OLD ALASKA HIGHWAY, Fort Nelson, BC V0C1R0

$599,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

96%

Year Built

1970

Lot Size

34.7 ac

About this property

LEGENDS DESERVE A SECOND CHAPTER! Calling Trucking Contractors, Entrepreneurs & Visionaries! This remarkable 34-acre ranch was once home to Fort Nelson's famous Rodeo Grounds, complete with its own chuckwagon track. Today, it's a diamond in the rough waiting for its comeback. Featuring a 5-bedroom home, 13-person camp, 40'X60' shop, town water and 34 acres, the infrastructure alone would cost millions to replace. Ideal for workforce housing, a contractor's headquarters, home-based business, or equestrian use. Properties of this size, with town water and this much existing infrastructure, are rare in the North. The camp is surprisingly impressive inside, and the opportunity is bigger than it first appears. Some people see work. Others see opportunity. Which one are you? Also on Residential - see MLS# R3151601. Check out the video tour! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$599K
Down payment30% · $180K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$25K

Annual cash flow

$-8K

Cash-on-cash

-4.54%

DSCR

0.75

Going-in cap

4.18%

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

77,532

Households

33,525

Median income

$112,000

Median age

36.9

Daytime population

76,965

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 7504 OLD ALASKA HIGHWAY, Fort Nelson.

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.