Lot 89A Cariboo Highway W, Ashcroft | $8,800,000

Loon Lake is nestled in the Thompson-Nicola region, approximately 40 kilometres northeast of Cache Creek and around 120 kilometres from Kamloops. Loon Lake is a popular fishing and vacation destination, especially for those who enjoy the outdoors. SHORT TERM RENTAL: According to Loon Lake's vacation rental market, lakeside cabins and other vacation amenities are generating significant rental returns.Ten deed titles with 1757 Acres. A grazing lease with 120,701 Acres. The Buyer may use as low as $72.51/acre owning the rights to utilize the whole ranch located near Kamloops. The 3,994 AUM Range Permit allows grazing for 800 head on Crown Land. Current Annual Rental Income: $90,000+GST. To provide more flexibility to the Buyer, he/she may choose to assume tenancy or request for vacant possession.

Description

Loon Lake is nestled in the Thompson-Nicola region, approximately 40 kilometres northeast of Cache Creek and around 120 kilometres from Kamloops. Loon Lake is a popular fishing and vacation destination, especially for those who enjoy the outdoors. SHORT TERM RENTAL: According to Loon Lake's vacation rental market, lakeside cabins and other vacation amenities are generating significant rental returns.Ten deed titles with 1757 Acres. A grazing lease with 120,701 Acres. The Buyer may use as low as $72.51/acre owning the rights to utilize the whole ranch located near Kamloops. The 3,994 AUM Range Permit allows grazing for 800 head on Crown Land. Current Annual Rental Income: $90,000+GST. To provide more flexibility to the Buyer, he/she may choose to assume tenancy or request for vacant possession.

General Info


MLS Listing ID: 10338054 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 1760 ac|100+ acres Air Conditioning : N/A

MAP View


Street View


Get More Info



Mortgage Calculator




Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .