Business For Sale · Land

1605 BOULE YOUNG LAKE ROAD, 70 Mile House

1605 BOULE YOUNG LAKE ROAD, 70 Mile House, BC V0K2K2

$1.1M total

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Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

—

Occupancy

90%

Lot Size

480 ac

About this property

Framed by rolling hills, forestland, and expansive mountain views, Oxbow Ranch encompasses 480 plus/minus acres approximately 25 miles east of 70 Mile House. The ranch features 102 plus/minus acres of productive dryland hay and has historically supported hay production and spring calving, with additional timbered areas providing potential for expanded grazing. A well-crafted 1,500 plus/minus sq. ft. log-frame home, workshop, gated entrance, dependable well water, and solar power create a turnkey rural retreat with the functionality of a working ranch. Potential Crown range allocation is subject to provincial approval. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

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

Monthly debt service

$5K

Projected NOI

$55K

Annual cash flow

$-9K

Cash-on-cash

-2.58%

DSCR

0.86

Going-in cap

4.77%

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

51,337

Households

22,571

Median income

$128,000

Median age

37.4

Daytime population

60,812

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 1605 BOULE YOUNG LAKE 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.