Business For Sale · Land

5760 EAGAN BONAPARTE FSR ROAD, 70 Mile House

5760 EAGAN BONAPARTE FSR ROAD, 70 Mile House, BC V0K2K2

$1.1M total

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Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

90%

Lot Size

520 ac

About this property

Red Creek Ranch offers 520 plus/minus acres just south of Bridge Lake, where productive hay ground, reliable water, and well-developed infrastructure combine to create a highly functional cattle operation. The property includes approximately 340 acres of hay and grazing land, including 140 plus/minus acres of dryland hay. Red Creek provides valuable spring-flood irrigation, while a residence, workshop, hay shed, newer corrals, cattle squeeze, load-out chutes, extensive fencing, well water, power, and telephone service support efficient day-to-day ranch operations. Crown range may be allocated among the broader ranch portfolio, subject to provincial approval. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.15M
Down payment30% · $345K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$51K

Annual cash flow

$-13K

Cash-on-cash

-3.68%

DSCR

0.80

Going-in cap

4.44%

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

132,138

Households

46,719

Median income

$132,500

Median age

36

Daytime population

223,373

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 5760 EAGAN BONAPARTE FSR ROAD, 70 Mile House.

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.