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Land For Sale at A - 101 ASPEN DRIVE in Sparwood, British Columbia

4 Sale ID #195127
Updated 05 May 2024

Asking Price

$1,926,250

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

Lot Size

N/A

Building Size

N/A

Premise Summary

A remarkable location and opportunity on a very busy intersection of Hwy 3 and Hwy 43 in Sparwood British Columbia. Watch for a major upgrade to the Highway intersection and for major office buildings to be constructed nearby. lf high traffic and high visibility are key criteria for your business don't miss out on this property. Perfect for a new Hotel/Motel. Property is sold as one 2.4 acre site. (id:39198)

  • MLS® : #2474553
  • Date Listed : 10 Jan 2024

Location

Province

British Columbia

City

Sparwood

Address

A - 101 Aspen Drive

Postal Code

V0B1G0

Location Highlights

N/A

Listed by

eXp Realty British Columbia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$1,926,250

Asking Price

$1,926,250

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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