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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$989,900
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
INVESTMENT OPPORTUNITY - Large split level home that is suitable for THREE SEPARATE LIVING SPACES. The Main house can be used as TWO suites, 3 bedroom up and 5 bedrooms down, AIR BNB room rentals or 8 bedroom home for large family. The TWO Bedroom detached Cottage is situated further back on the LARGE COMMERCIAL ZONED LOT giving each dwelling a treed, fenced outdoor space. Great flat usable yard - with plenty of commercial uses or ideal for large business in need of STAFF HOUSING. Freshly painted, New HWT, Laundry on both levels and in cottage, electrical service upgrade to cottage for 100amp. This is a unique opportunity for the right savvy investor. Centrally located, you are walking distance to Shopping, Recreation, Fitness Centre meaning your tenants do not require a vehicle to access all their needs. Great ROI with rental analysis and CAP rate calculations to be provided. Contact Listing agent for complete info package. (id:39198)
Location
Province
British Columbia
City
Osoyoos
Address
8410 97th Street
Postal Code
V0H1V5
Location Highlights
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Listed by
RE/MAX Realty Solutions 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
2,023
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
$989,900
Asking Price
$989,900
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.
N/A
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)
2,023
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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