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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$745,000
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
This sun-filled 0.35 acre property with a flat build site is a rare find. Zoning regulations give potential for 2 detached dwellings. The septic system is already in place and building plans for a 2 bed/2 bath home are available. Connections to BC Hydro and the Cove Bay Water system are ready to go. The existing gazebo sits on a knoll and provides views of Howe Sound, Bowyer Island, and the North Shore Mountains to the east. The coveted Miller´s Landing neighbourhood is quiet and peaceful and benefits from mature trees that naturally create privacy between properties.This mostly-cleared property gets good sunlight throughout the day and is just a 5-minute drive to Snug Cove (walkable in about ½ hour) and short walk to Miller´s Landing neighbourhood beach. (id:39198)
Location
Province
British Columbia
City
Bowen Island
Address
279 Jason Road
Postal Code
V0N1G1
Location Highlights
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Listed by
Macdonald 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
$745,000
Asking Price
$745,000
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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