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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,500,000
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
If you are looking for building lots which are zoned for multi-family development, then here is the chance to pick up 2 lots and start the process for multi-family units. With Kitimat's population expected to grow in the next few years, new rebuilds are going to be needed in the community. Located in the middle of the uptown and close to walking paths, trails and parks this has an ideal location for new homes in a desirable location. Come have a walk of the property. (id:39198)
Location
Province
British Columbia
City
Kitimat
Address
21-45 Creed Street
Postal Code
V8C2P3
Location Highlights
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Listed by
RE/MAX Kitimat Realty 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
$1,500,000
Asking Price
$1,500,000
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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