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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$295,000
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 below assessed value! Looking to build? Just under 2 acres, ready to prep for your dream home in a rural setting of the desirable Hyde Creek. Currently 3 tiers to the building lot, there are a few options for a building site. Great sunny exposure. Trees line the south side along the highway for some privacy and sound break from traffic. Shallow well in place. Septic in place but likely requires an updated system. Zoning allows for a guesthouse or accessory use and home commerce is permitted, such as B&B or selling produce grown on the property. Priced well for the current market, this is the only building lot available in Hyde Creek - call today to see if this is a good fit for your plans. Beautiful building plans available from the seller as well. (id:39198)
Location
Province
British Columbia
City
Hyde Creek
Address
901 Ravenhill Rd
Postal Code
V0N2R0
Location Highlights
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Listed by
Royal LePage Advance Realty (PH) 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
$295,000
Asking Price
$295,000
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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