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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,699,000
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
Welcome to Happy Valley this property offers 2 acres of ALR farmland in heart of Langford. Currently connected to City Water and City sewer is available at the lot. Property is on Septic. Current home is 3 bed 1 bath some updates done throughout the years. Current zoning AG1 Build your dream home up to 5381 sqft not including basement and a secondary dwelling. Allows for Agritourist accommodations up to 10 seasonal rentals. Current zoning allows the following, Boarding kennel, breeding kennel, cemetery, Single Family dwelling, farm use, golf course, group daycare and home occupation. Great investment property! Call today to book a showing! Buyers confirm zoning and usage with City of Langford. (id:39198)
Location
Province
British Columbia
City
Langford
Address
3587 Happy Valley Rd
Postal Code
V9C3X1
Location Highlights
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Listed by
eXp 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
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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
$1,699,000
Asking Price
$1,699,000
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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