BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$679,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Great investment opportunity and 1 of the rare chances to own a mobile home park and a multi unit complex. This unique property is composed of 1 single-family dwelling, 7 rental cabins, 6 mobile rental pads, and 3 outbuildings. The mobile home park currently rents 2 pads and owns another unit in the complex, there is a great opportunity to rent the other 3 pads or move some mobiles into the park to rent as well. With a 7+% cap rate and room to increase the income this is a great investment in todays market. * PREC - Personal Real Estate Corporation (id:39198)
Location
Province
British Columbia
City
Hixon
Address
375 Hixon Sub Road
Postal Code
V0K1S1
Location Highlights
N/A
Listed by
RE/MAX Core Realty British Columbia listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
2,080
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$679,000
Asking Price
$679,000
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.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,080
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing