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Land For Sale at 425 Colonia Dr S in Ladysmith, British Columbia

4 Sale ID #205647
Updated 03 May 2024

Asking Price

$339,900

Cap Rate help 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

Residential Lot with Ocean View & Spectacular Vistas! Fully engineered building lot with under ground services to the property line w some lots accommodating suites. Holland Creek Estates is a development w a focus on maintaining & accentuating the natural beauty of the area. With a focus on preserving the natural integrity, 42% of this project lands has been set aside for natural parkland, trails & creeks. Within a few steps you will find a multitude of trail systems including the Holland Creek Trail or for the more adventurous Heart Lake. Within close proximity to the local amenities that the charming Town of Ladysmith has to offer including Transfer Beach, Sports Plex & one can't forget the famous Cinnamon Buns' at the Old Town Bakery. Ladysmith gives you fast access to the Nanaimo Airport and BC Ferries and their connections to the world. All information should be verified if fundamental to purchase. Disclosure Statement available upon request. (id:39198)

  • MLS® : #924970
  • Date Listed : 03 Mar 2023

Location

Province

British Columbia

City

Ladysmith

Address

425 Colonia Dr S

Postal Code

V9G0A3

Location Highlights

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Listed by

Century 21 Harbour Realty Ltd. British Columbia listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$339,900

Asking Price

$339,900

Cap Rate help 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.

N/A

NOI help 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 help 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 help 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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