For Sale · Land

2180 15TH Avenue NW, Nakusp

2180 15TH Avenue NW, Nakusp, BC V0G1R1

$595,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

91%

Lot Size

1.81 ac

About this property

Waterfront 1.81 acres with legal lake access, treed , level property within the Village of Nakusp limits. Just off hwy 23 North of Nakusp. there is an overgrown driveway onto the acreage of which the seller will clean up. Logged 20 years ago. Still fully treed. Trail/footpath to waterfront where there is a nice bay. Good space for a dock or boat house. water source to be determined but there are wells evident in the area. as well septic systems. Good internet . Phone lines if one wishes. take a walk . check it out. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$595K
Down payment30% · $179K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$24K

Annual cash flow

$-9K

Cash-on-cash

-4.97%

DSCR

0.73

Going-in cap

4.05%

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

129,590

Households

53,598

Median income

$100,000

Median age

34.2

Daytime population

150,766

5-yr growth

7.6%

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

Secure deal room

Confidential diligence documents for 2180 15TH Avenue NW, Nakusp.

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.