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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$999,000
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
Outstanding opportunity at the south gateway to Radium Hot Springs. With almost 3 acres and 1200 ft of highway frontage this C-2 zoned parcel allows for a number of different commercial and / or residential uses. Perfect for fast food, gas bar, hotel / motel, or condominium. The current owner has done lot of work to guarantee the full use of the property. Unobstructed elevated views of the Purcell Mountain Range make it a must see for any investor. (id:39198)
Location
Province
British Columbia
City
Radium Hot Springs
Address
7585 Redstreak Park Road
Postal Code
V0A1M0
Location Highlights
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Listed by
MaxWell Rockies Realty British Columbia listing
Category
Property Information
Premise Status
LEASED Premises
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
$999,000
Asking Price
$999,000
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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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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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