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Land For Sale at 1188 COPPER DRIVE in Squamish, British Columbia

4 Sale ID #177168
Updated 05 May 2024

Asking Price

$4,250,000

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

INCREDIBLE BUILDABLE ACREAGE in Britannia Beach features unprecedented ocean and mountain views. 9.068 acres, approximately 2 acres of level plateau has been cleared. Distinguishable by its flat topography with stunning views to the west; watch the sailboats in Howe Sounds during the warm weather months and snow capped mountains in the winter. Services including water and sewer are available for two homes (main home + 1600 sf detached cottage/guest house plus detached workshop). The remaining acreage is in its natural state and can be developed to suit with some nice flat areas and moderate grade in other areas. There will be some timber value when trees are cleared to build. Gorgeous woodlands borders the cleared plateau and provides optimum privacy and an abundance of natural beauty. Designated park borders the property line to the south west, enjoy the sound of Mineral Creek and scenic natural waterfalls. Survey available upon request. Create your mountain "estate" ! (id:39198)

  • MLS® : #R2829986
  • Date Listed : 03 Nov 2023

Location

Province

British Columbia

City

Squamish

Address

1188 Copper Drive

Postal Code

V8B1J2

Location Highlights

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Listed by

Sotheby's International Realty Canada British Columbia listing

Category

land

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 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

N/A

Financial Information

Yearly Rate

$4,250,000

Asking Price

$4,250,000

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

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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