For Sale · Land

1049 97C Highway, Ashcroft

1049 97C Highway, Ashcroft, BC V0K1H0

$30M total

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Asset Class

Land

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

99%

Year Built

2019

Lot Size

595 ac

About this property

An outstanding opportunity to acquire a highly productive, certified organic farm in the beautiful Ashcroft. Offering an impressive combination of quality agricultural land, modern dairy infrastructure, excellent growing conditions, this property presents an opportunity for both established dairy operators and those looking to expand their agricultural operations. The farm encompasses 595 deeded acres, including approximately 405 irrigated acres serviced by eight pivots. The highly productive farmland benefits from excellent heat units, providing ideal growing conditions for a variety of crops and feed production. With a water licence from the Bonaparte River, the property offers an important foundation for maintaining and maximizing agricultural productivity. At the heart of the operation is a modern dairy facility constructed in 2019, designed to support a productive dairy business. The setup features a 40-stall DeLaval PR3100 rotary parlour and a freestall barn with capacity for approximately 400 head of cattle. This property offers potential for future growth and expansion. Whether you are an established dairy producer seeking additional capacity, an agricultural investor looking for a well-developed operation, or an ambitious producer looking to build on an existing foundation, possibilities are endless. Adding to the appeal is an approximately 1,100 sq. ft. home located on the property, providing convenient on-site accommodation for owners, managers, or farm staff. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$30.00M
Down payment30% · $9.00M
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$139K

Projected NOI

$1.38M

Annual cash flow

$-286K

Cash-on-cash

-3.17%

DSCR

0.83

Going-in cap

4.59%

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

130,259

Households

56,924

Median income

$110,000

Median age

33.9

Daytime population

114,563

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 1049 97C Highway, Ashcroft.

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.