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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$7,031,000
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
Perfect development parcels, totaling 161.31 acres of raw land near the University of Northern BC. The 2 parcels are nestled along the edge of Ginters Park and borders Shane Creek. Approximately 12 acres are adjacent to the Charles Jago Northern Sports Center of UNBC. 98 Acres are close to the fast growing neighborhood of University Heights. So close to all the amenities of Prince George, 5-7 minutes from downtown. Zones AG and AF. City services are nearby (University Way and Ferry Ave). These parcels stand out and are waiting for you to explore the vast possibilities they have to offer. The land measurements provided are approximate, buyer to verify these measurements if deemed important. Buyer to verify access. * PREC - Personal Real Estate Corporation (id:39198)
Location
Province
British Columbia
City
Prince George
Address
Dl 9264 & Dl 9265 University Way
Postal Code
V2N4A9
Location Highlights
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Listed by
eXp 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
$7,031,000
Asking Price
$7,031,000
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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