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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$149,900
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
An opportunity you don't want to miss! This is your chance to own a .57 acre prime building lot in the prestigious Park Royal neghbourhood - one of the most luxurious areas in town! A peaceful location with stunning views. Pick your builder, pick your plans! Zoned R-1, perfect for your custom single-family residence. You have easy access to hiking and biking trails and picnic areas in the nearby Community Forest. Whether your building your forever home, or planning an elegant retreat, this lot is ready for your vision. Opportunities like this don't come around often - act fact before its gone! (id:39198)
Location
Province
British Columbia
City
Cranbrook
Address
Mt. Royal
Postal Code
V1C0C4
Location Highlights
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Listed by
RE/MAX Blue Sky Realty 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
$149,900
Asking Price
$149,900
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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