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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$949,000
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
Land Assembly opportunity! Sale of this property is contingent on the sale of the neighbouring 2 properties as a 0.52 Acre assembly to also include: 460 McDonald (MLS# 10272416) and 480 McDonald (MLS# 10272415). New Zoning to UC4 allows for 4-6 storey multi-family residential with bonuses up to 2.4 FAR. Ideal for condos or stacked/row townhome development or a great holding property for investors. 450 McDonald Rd is a 4 bedroom /2 bathroom home located in Rutland North on a .18 acre corner lot backing onto Asher Rd. Updated bathrooms and vinyl plank flooring. Ideal central and convenient location close to schools, parks, recreation, transit and shopping! (id:39198)
Location
Province
British Columbia
City
Kelowna
Address
450 Mcdonald Road
Postal Code
V1X3H2
Location Highlights
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Listed by
Century 21 Assurance 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
$949,000
Asking Price
$949,000
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
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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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