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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$8,200,000
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
Here is your once-in-a-lifetime opportunity to purchase an absolute dream property. 422.5 acres of private forest, from near sea level up to 240m altitude. A beautiful hill with 225m high peak is part of this land. Spectacular Ocean views in all directions and undisturbed mountain scenery to the North. Several kilometers of gravel road. Crown land to the North. Take a five minute stroll to the beach at Fishboat Bay Park. Several small creeks run through the property, one large creek with small waterfalls. Situated between French Beach and Point-No-Point. Appr. 50% of this property was last logged about ten years ago, most of which has since been replanted. 15 minute drive to Sooke. BC Hydro will install appr. 500m of power lines above ground and appr. 500m underground likely in 2022. Surveys for have been done by BC Hydro and Rogers, and plans can be presented. Property can be used as a tree farm and cabins. JUST CLASSIFIED RESIDENTIAL BY BC ASSESSMENT. (id:39198)
Location
Province
British Columbia
City
Sooke
Address
Lot 12-15 Incl West Coast Rd
Postal Code
V9Z1L1
Location Highlights
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Listed by
RE/MAX Camosun 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
$8,200,000
Asking Price
$8,200,000
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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