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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,999,000
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
This 3.675-acre, multi-family zoned property is one of a very few currently zoned properties available in Kitimat. Centrally located with access directly on to main roads Alexander and Nalabila, this property has a prime location surrounded by residential development. Fully cleared and leveled with utilities at lot line, this property is ready for your development opportunities to be presented to the city for approval! This is definitely a gem of a property looking for your ideas, with high housing demand Kitimat has low unemployment and high wages to support strong demand for new housing. (id:39198)
Location
Province
British Columbia
City
Kitimat
Address
1015 1050 Nalabila Boulevard
Postal Code
V8C1E3
Location Highlights
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Listed by
RE/MAX Kitimat Realty 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
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
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
$2,999,000
Asking Price
$2,999,000
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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