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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,800,000
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
RARE LANGFORD LAKEFRONT PROPERTY!! First time ever to market. This property is a parcel of TWO titles and easily divided .638 acre rectangular lot with wide portion lake frontage. Southwest facing to the lake and across a beautiful Bay to a pristine natural Peninsula. An unparalleled lakefront location and views. Potential for two lakefront homes on approx .3 acre lots. This property consists of 2 side by side lots with separate titles and PIDs. The property currently has a boathouse, dock and an uninhabitable cabin. Value is in the unimproved land. The tranquil treed setting at the back of the property (roadside) opens to sunny frontage. Swimming, paddle boarding and kayaking could be steps from the door. An exceptional Lifestyle awaits... with close proximity to all amenities Langford has to offer. Buyer to do own due diligence with Langford. The Seller makes no representation as to what could be done. (id:39198)
Location
Province
British Columbia
City
Langford
Address
1243 Goldstream Ave
Postal Code
V9B2Y9
Location Highlights
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Listed by
Macdonald Realty Victoria 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
$1,800,000
Asking Price
$1,800,000
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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