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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$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
1150 Silver Spray is an outstanding opportunity to build your dream home, with uninterrupted views over the Juan de Fuca Straight and the Olympic Mountains. This 1-acre lot offers over 240 feet of low bank ocean frontage and is truly one of the finest lots in the development. The lifestyle here is idyllic all year, with amazing southern views, access to a private sandy beach, and the perfect location for winter storm watching. Launch your kayak or paddle board from your property and enjoy one of the most spectacular coastlines on Vancouver Island. With over 3,600 acres of East Sooke Regional Park in your backyard, and a short walk to the amenities planned at SookePoint resort, it’s a location which can’t be beat. (id:39198)
Location
Province
British Columbia
City
Sooke
Address
1150 Silver Spray Dr
Postal Code
V9Z1L8
Location Highlights
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Listed by
The Agency 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
$999,000
Asking Price
$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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