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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$478,000
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
The LAST VACANT LOT on Miami River Drive in the resort town of Harrison Hot Springs. Ideally located, this property is walking distance to all of your local amenities, the beach & lagoon, boat launch and only a short drive to Harrison Resort, Golf Course and Marina. All services at the lot line ready for your design ideas for a stunning recreational property or year round living. Just 90 minutes from Vancouver, come see this property for yourself and call for more details! (id:39198)
Location
Province
British Columbia
City
Harrison Hot Springs
Address
225 Miami River Drive
Postal Code
V0M1K0
Location Highlights
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Listed by
Engel & Volkers Vancouver 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
$478,000
Asking Price
$478,000
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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