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Land For Sale at LOT 24 WAKITA STREET in Kitimat, British Columbia

New
4 Sale ID #229938
Updated 06 May 2024

Asking Price

$150,900

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

**Don't Miss Your Last Opportunity to Reside in Forest Hill Heights!** This is your final chance to own property in the prominent Forest Hill Heights subdivision. Phase 6 is now available, following the rapid sell-out of previous phases where numerous stunning homes have been constructed. These lots boast breathtaking views and offer unmatched convenience. The development is ideally situated within a short distance of both Kitimat High School and local elementary schools, making it a perfect location for families. As the first new subdivision you encounter when entering Kitimat Township from Terrace, these generously sized and fully serviced lots provide the perfect canvas for your dream home. (id:39198)

  • MLS® : #R2874779
  • Date Listed : 24 Apr 2024

Location

Province

British Columbia

City

Kitimat

Address

Lot 24 Wakita Street

Postal Code

V8C2S2

Location Highlights

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Listed by

RE/MAX Kelowna British Columbia listing

Category

land

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 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

$150,900

Asking Price

$150,900

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.

N/A

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.

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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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