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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,496,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Excellent investment property .Two half duplexes on separate titles with secondary suites. Under the new regulations the fully finished basements in both homes are ready to have legal secondary one or two-bedroom suites that can be rented and have income from four units . Each side are 5 bedroom, 4 bathroom and back onto the beautiful Gorge Vale golf course. The homes have quality finishes and radiant heat throughout, HRV air conditioning and Energy Star appliances. The main floors have a huge open space living, dining and kitchen areas . The master bedrooms, two secondary bedrooms and two bathrooms make up the top floors. This will make an excellent income property. (id:39198)
Location
Province
British Columbia
City
Esquimalt
Address
1042 Colville Rd
Postal Code
V9A4P7
Location Highlights
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Listed by
Pemberton Holmes Ltd. - Oak Bay British Columbia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
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Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$2,496,000
Asking Price
$2,496,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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