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Apartment Building For Sale at 200 Campbell St in Tofino, British Columbia

4 Sale ID #159437
Updated 03 May 2024

Asking Price

$4,950,000

Cap Rate help 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

OCEAN FRONT CONDO DEVELOPMENT PROPERTY! Register your clients for interest to receive information packages as final preparations for submission of building permit nears. This is the most exciting development site with daily, monthly, full time occupancy all approved and will become the most sought after properties on the West Coast of Vancouver Island. 2 Incredible Penthouses create an opportunity to have the most stunning views, huge patio, ne plus ultra finishings and all within 3 minutes walk to downtown Tofino -- Best of All Worlds! (id:39198)

  • MLS® : #943714
  • Date Listed : 14 Sep 2023

Location

Province

British Columbia

City

Tofino

Address

200 Campbell St

Postal Code

V0R2Z0

Location Highlights

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Listed by

Royal LePage Parksville-Qualicum Beach Realty (QU) British Columbia listing

Category

apartment-buildings

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

0

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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

$4,950,000

Asking Price

$4,950,000

Cap Rate help 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.

N/A

NOI help 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 help 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 help 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

N/A

Market Competition

N/A


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