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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,399,900
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
Build your dream home on this impressive 10,021 sqft Ready To Build property in one of Murrayville's prestigious multi-million dollar neighborhoods. This rectangular corner lot features over 100 feet of frontage and is located in a quiet cul-da-sac surrounded by many new homes. This centrally located property offers convenience to shopping, schools, and transit. With partial excavation and gravel groundwork already in place, construction costs will be significantly reduced for your 3-story, 6,200 sqft dream home. Don't miss this opportunity to create a luxurious residence in an exclusive community. Property is located on corner of 215th Ave and 45A Street (id:39198)
Location
Province
British Columbia
City
Langley
Address
Lt.1 Southridge Crescent
Postal Code
V0V0V0
Location Highlights
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Listed by
Century 21 Coastal Realty Ltd. 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
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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
$1,399,900
Asking Price
$1,399,900
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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