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Land For Sale at LOT 1 YELLOW POINT Rd in Ladysmith, British Columbia

4 Sale ID #216723
Updated 03 May 2024

Asking Price

$849,000

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.

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Lot Size

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Building Size

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Premise Summary

Nestled in the picturesque countryside of Yellow Point Rd, this charming rural 5-acre treed property offers a serene retreat away from the hustle and bustle of city life. As you approach the property, a canopy of towering trees welcomes you, providing a sense of tranquility and privacy. The property boasts an enchanting landscape, characterized by lush greenery and a variety of mature trees, creating a natural oasis that is perfect for relaxation and outdoor activities. With 5 acres of land to explore, there is ample space for gardening, hiking, or simply enjoying the beauty of the surrounding nature. With the desired location, this property offers a unique opportunity to experience rural living at its finest, while still being within easy reach of amenities and attractions. Whether you're looking for a permanent residence, a weekend getaway, or a peaceful retreat, this 5-acre treed property is sure to enchant and inspire you with its natural beauty and tranquility. (id:39198)

  • MLS® : #956585
  • Date Listed : 18 Mar 2024

Location

Province

British Columbia

City

Ladysmith

Address

Lot 1 Yellow Point Rd

Postal Code

V9G1G3

Location Highlights

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Listed by

RE/MAX of Nanaimo British Columbia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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 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

$849,000

Asking Price

$849,000

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.

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Gross Revenue- annual

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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)

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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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