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Industrial Property For Sale at 2 6 10 OSPREY Place in Osoyoos, British Columbia

4 Sale ID #112681
Updated 29 Apr 2024

Asking Price

$1,290,000

Cap Rate help 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

LAKE VIEW DUPLEX LOTS STEPS AWAY FROM THE LAKE AND BEACH! These 3 incredibly rare lots are zoned R3 which can be developed into your DREAM HOME single family home OR DUPLEX'S! The lots are centrally located surrounded by shopping, golfing, beaches, hikes and walks, and all kinds of recreation. Together these .63 acre lots (total) are a great development project for 6 unit duplex or 3 single family homes. This .63 acre lots are made up of .25 acre, .21 acre, and .17 lots. (id:39198)

  • MLS® : #196979
  • Date Listed : 14 Nov 2022

Location

Province

British Columbia

City

Osoyoos

Address

2 6 10 Osprey Place

Postal Code

V0H1V1

Location Highlights

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Listed by

eXp Realty (Penticton) British Columbia listing

Category

industrial-properties

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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

$1,290,000

Asking Price

$1,290,000

Cap Rate help 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 help 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 help 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 help 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

N/A

Market Competition

N/A


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