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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$425,000
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
Opportunity to own a piece of paradise at Christina Lake! This exceptional building lot offers the allure of semi-waterfront living without the hefty lakefront price tag. Nestled within a quaint development, this property is one of just 8 strata lots that share common access to the picturesque Christina Creek. This fully-serviced .38 acres lot provides a canvas for your dream home, whether it's a year-round residence or a vacation retreat. The groundwork has already been laid, with a full septic system in place, ensuring convenience and functionality for your future dwelling. Adding to the appeal is a three-bay insulated garage, awaiting your finishing. One bay has been roughed in with plumbing and electrical, setting the stage for a fully functional one-bedroom suite - an ideal space for guests or extended family members. Outside, a sturdy concrete apron slab offers a practical and durable surface, while the property boasts convenient hook-ups for both water and natural gas. This lot is more than just a piece of land; it's an invitation to envision and create your ideal home in a serene and inviting setting. Don't miss this chance to turn your housing dreams into reality. Act now and embark on the exciting journey of planning and building your new home in the heart of Christina Lake's natural beauty. (id:39198)
Location
Province
British Columbia
City
Christina Lake
Address
1650 Benniger Road
Postal Code
V0H1E0
Location Highlights
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Listed by
Bennett Family Real Estate 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
$425,000
Asking Price
$425,000
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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