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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,150,000
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
Offering 25.75 acres of land, with an impressive 1,087 feet of frontage along Highway #17 this property stands as an excellent investment opportunity in proximity to Captain's Cove Marina and the recently established Cascades Casino Delta. The land boasts fertile soil conducive to the cultivation of various crops, including vegetables and berries. Additionally, it presents an ideal location for the construction of your dream home as well as a storage facility. City Water, Gas, and Hydro connections are accessible via River Road, ensuring convenience. Furthermore, this property offers easy reach to Richmond and Vancouver, as well as a wide range of amenities. Listed near appraisal value, don't miss out on this one! (id:39198)
Location
Province
British Columbia
City
Delta
Address
5665 Hwy 17a Highway
Postal Code
V4K1S9
Location Highlights
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Listed by
RE/MAX 2000 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
$4,150,000
Asking Price
$4,150,000
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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