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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$219,000
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
****South side lot with southern exposure for sale -first south side lot for sale in a long time**** This building lot is .72 acre facing Cedar By The Sea, with an ocean view, Dodd's Narrow is minutes away from the property and Moonshine Cove Marina is very close by, The property is gently sloped, but there are three areas for you to build your lovely home or summer getaway cottage. Mudge Island can only be access by private boat or via Gabriola ferry and it is 5 minutes across from Gabriola El Verano boat Launch and 20 minutes from Nanaimo. Island has the get-away-from-it-all appeal of the smaller gulf islands, but has the added bonus of being serviced with hydro, cable and high speed internet. This is paradise at its best: deer, eagles, herons, otters, seals, sea lions, orcas, humpback whales. Call the listing realtor to view. (id:39198)
Location
Province
British Columbia
City
Mudge Island
Address
130 Ling Cod Lane
Postal Code
V0V0V0
Location Highlights
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Listed by
Royal LePage Nanaimo Realty (NanIsHwyN) 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
$219,000
Asking Price
$219,000
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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