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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,399,000
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
This incredibly unique 1.27-acre oceanfront lot is truly one of a kind. It is in a neighborhood which is home to some fabulously built luxury Westcoast homes. All services are underground to the lot line. The lots waterfront is suitable to launch your kayak or canoe. It is on the more protected side of the Pacific Ocean. The neighbours say it is “the best backyard on the planet!”. This treed property faces South and has its own private black sandy beach. You can build a staircase down to the beach or potentially carve out a pathway; this is a rare find along this coastline. The views are awesome, ocean, mountain, rock, wildlife, and some spectacular storms. Vacation rental permitted with full-time residential use. And our highway system is getting a $60million update!! Call for further information (id:39198)
Location
Province
British Columbia
City
Ucluelet
Address
Lot 12 Marine Dr
Postal Code
V0R3A0
Location Highlights
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Listed by
RE/MAX Mid-Island Realty (Uclet) 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
$2,399,000
Asking Price
$2,399,000
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.
N/A
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
N/A
Market Competition
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