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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$22,000,000
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
FAIRVIEW HIGHLANDS where the possibilities for tomorrow are limited only by your imagination and time! This 1,151.5 Acre parcel, consisting of 7 individual land titles “NOT” in the Agricultural Land Reserve (ALR) which would allow for future development outside of agricultural use. Detailed reports completed and available showing an estimated 270 acres suitable for grapes and 450 acres for cherries! A winery whose location could and would rival any of not only the 40+ wineries in the local area and surpass most in the Okanagan. There are several drilled wells, all of which produce water to varying degrees with two beautiful creeks and waterfall. This is the largest land assembly presently available in the South Okanagan. The property is located just minutes from Oliver, 20 minutes to Osoyoos and the US border. There is substantial timber value on the property and it is estimated to appreciate annually. Incredible sweeping views stretching from North of Oliver, town of Osoyoos, Osoyoos Lake and the US. Besides being close to multiple golf courses, lakes, wineries, skiing and the US Border, Oliver is home to Area27, a 4.83km world class race track circuit designed by Jacques Villeneuve. DETAILED MARKETING & VIDEO PACKAGE AVAILABLE at dedicated website www.profitintheokanagan.com (id:39198)
Location
Province
British Columbia
City
Oliver
Address
0 Fairview Road
Postal Code
V0H1T1
Location Highlights
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Listed by
Royal LePage Kelowna 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
$22,000,000
Asking Price
$22,000,000
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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