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Land For Sale at Lot A La Fortune Rd in Cobble Hill, British Columbia

New
4 Sale ID #222955
Updated 05 May 2024

Asking Price

$1,489,900

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

Lot Size

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Building Size

N/A

Premise Summary

Fantastic opportunity to own a beautiful 14 acre parcel in the heart of Cobble Hill. Imagine building your dream home, farm or estate amongst the trees in a magical West Coast forest. Enjoy the peaceful surroundings as the property backs onto the Arbutus Golf Course and is surrounded by established acreages. Multiple build locations, a fantastic area that could be used for a pasture/gardens or greenspace and nature as your backdrop. This amazing opportunity has everything you could ever ask for with easy access off of Telegraph, new drilled well with 15 gallons per minute and and recent survey for ease of mind. Centrally located, only a short drive to the amenities of Mill Bay, near Cherry Point, Enrico Vineyards, shopping and more! (id:39198)

  • MLS® : #959372
  • Date Listed : 04 Apr 2024

Location

Province

British Columbia

City

Cobble Hill

Address

Lot A La Fortune Rd

Postal Code

V0R1L4

Location Highlights

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Listed by

RE/MAX Camosun 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

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$1,489,900

Asking Price

$1,489,900

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

N/A

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)

N/A

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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