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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,900
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
Seller will Carry in 1st Position with 400k down, 2years, won’t do a joint venture. Great Investment or Holding Property. Land Sale Only Zoning R3 allows for subdivision with application to Small Lot Residential 350 meter lots permitting an 8/9 strata lot subdivision. (Sooke has preliminary approved 8 in 2016, but with bonus amenities may do 9?) South facing mostly level .96 Acre in the heart of Sooke, Municipal water, hydro, phone, cable, internet & sewer connection available near lot line on Grant Rd. Steps to public transit & close to schools, parks, beaches, marina and shops. By Appointment only. The Mobiles aren’t part of sale, they are non inhabitable, all vacant need to be removed. The seller has a Demolition permit and potential buyer will be responsible for removing the dangerous trailer. Do not walk on property without appointment, some unsafe areas, listing realtor must be present. (id:39198)
Location
Province
British Columbia
City
Sooke
Address
Grant
Postal Code
V9Z0N6
Location Highlights
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Listed by
Maxxam Realty Ltd. 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
$799,900
Asking Price
$799,900
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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