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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$489,000
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 is a GEM! Come build your dream home, or your perfect weekend getaway less than 2 hours from Vancouver. This 6000 sq ft lot is flat and easy to build on. Its located in a cul-de-sac, there is electricity and no building guidelines. The property has a detailed Geotechnical Report and it shows that this property can support a septic field and tank. Your minutes from Cultus Lake, boating, parks, hikes, entertainment and the golf course. Enjoy the restful getaway feel surrounded by beautiful treed mountains whether you live here year round or just use it as a get away, both will give you a peaceful feeling. This property offers you the lifestyle you deserve. (id:39198)
Location
Province
British Columbia
City
Cultus Lake
Address
45981 Linzey Road
Postal Code
V2R5A8
Location Highlights
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Listed by
Royal LePage Preferred 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
$489,000
Asking Price
$489,000
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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