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Land For Sale at 19350 Pacific Rim Hwy in Port Alberni, British Columbia

4 Sale ID #168443
Updated 01 May 2024

Asking Price

$559,000

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 opportunity to own a piece of the renowned Sproat Lake waterfront properties. Zoned RVH and conveniently situated on Taylor Arm. This recreational waterfront property opens the door to endless possibilities. Whether you're an avid water sports enthusiast or simply seeking solace by the lake, this property caters to all. All measurements are approximate and must be verified. All showings must be scheduled and confirmed. Please do not block or trespass neighbouring driveways. (id:39198)

  • MLS® : #945469
  • Date Listed : 05 Oct 2023

Location

Province

British Columbia

City

Port Alberni

Address

19350 Pacific Rim Hwy

Postal Code

V9Y8Z9

Location Highlights

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Listed by

RE/MAX Mid-Island Realty 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

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 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

$559,000

Asking Price

$559,000

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

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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