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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,500,000
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
WATERFRONT & SANDY BEACH - EXCEPTIONAL OPPORTUNITY ON OSOYOOS LAKE!!! Whether you're looking to build a LUXURY HOTEL or MOTEL or a charming B&B, this beachfront property on Osoyoos Lake provides the perfect canvas for your vision. With its PRIME LOCATION, desirable C4 Tourist-Commercial ZONING, and STUNNING BEACH, this property is sure to attract developers and investors alike. Comprised of 3 LOTS (and 2 houses) on 3 separate titles, this property offers a total of 0.68 acres and approx. 200 feet of lakefront, making it an ideal location for a hotel or motel right on the beach. Osoyoos Lake, known as the warmest freshwater lake in Canada, provides an idyllic setting for guests to enjoy the outdoors, and take advantage of all recreational opportunities. The most attractive feature of this property is its stunning beach, with fine sand and clear water, the perfect spot for guests to relax, swim & soak up the sun while enjoying the picturesque views of the lake & surrounding mountains (id:39198)
Location
Province
British Columbia
City
Osoyoos
Address
6906-6910 Ponderosa Drive
Postal Code
V0H1V3
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
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
$5,500,000
Asking Price
$5,500,000
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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