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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$839,000
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 +1 acre multi-family development opportunity zoned for up to 12 units in Nelson, BC - one of the BC Interior's most coveted residential and tourism markets. Located in Nelson's "Uphill" neighbourhood, the area represents one of the most desirable residential submarkets in Nelson, highlighted by a north-facing slope that offers area residents some of the most beautiful mountain and lake views available. Uphill residents further benefit from immediate proximity to numerous schools, parks and recreation spaces, forest walking trails, regional highway access, Kootenay Lake Hospital, and Nelson's bustling downtown core. The site is nestled into the adjacent forest offering natural views, privacy, and warm summer sunlight late into the evening. Access to City services are onsite or at the Property line. Site grading complete with access road and turnaround loop. Preliminary drawings available for two fourplexes, two duplexes, and on-site parking. (id:39198)
Location
Province
British Columbia
City
Nelson
Address
2100 Creek Street
Postal Code
V1L1M7
Location Highlights
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Listed by
Royal LePage Kelowna 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
$839,000
Asking Price
$839,000
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
N/A
Market Competition
N/A
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