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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,500,000
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
Attention Investors and Developers! Incredible and rare opportunity at The Ridge Penticton to develop this 1.245 acre multi-family RM3 zoned site. Situated in one of Penticton's most sought after new developments nestled among gentle rolling mountains and scenic natural landscape with endless panorama of open skies. Immerse yourself in nature with the countless outdoor adventures available in our beautiful four seasons climate. Penticton's spectacular golf courses, ski hills and miles of warm sandy beaches are just minutes away and an extensive system of forested walking and hiking trails is located directly in your backyard. Create your Dream! Call the Listing Representative today for a detailed package. (id:39198)
Location
Province
British Columbia
City
Penticton
Address
1120 Antler Drive
Postal Code
V2A0C9
Location Highlights
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Listed by
RE/MAX Penticton 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
$2,500,000
Asking Price
$2,500,000
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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