Business For Sale · Land

DL 4904 HUTCHISON ROAD, 70 Mile House

DL 4904 HUTCHISON ROAD, 70 Mile House, BC V0K2K2

$850,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

93%

Lot Size

320 ac

About this property

Fly Creek Ranch comprises 320± acres of fully fenced pasture near 70 Mile House, historically used for grazing, winter feeding and calving. The property includes well water, livestock troughs, a generator-powered well pump and a small hay and equipment shelter, with no electrical service or irrigation currently in place. Any Crown range assigned to the offering will be determined with the Ministry of Forests, 100 Mile House Natural Resource District, based on the final division of the adjoining ranch properties. (id:66811)

Financial sandbox

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Estimate
Purchase price$850K
Down payment30% · $255K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$40K

Annual cash flow

$-7K

Cash-on-cash

-2.74%

DSCR

0.85

Going-in cap

4.72%

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

143,931

Households

58,164

Median income

$68,500

Median age

40.9

Daytime population

123,086

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for DL 4904 HUTCHISON 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.