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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$89,000
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
Great building lot on .49 acres in Westshore Estates. This large lot has been partially cleared and is ready for your dream house ideas. With paved road access from the bottom the lot and a lane access from the top you can get creative with your design plans and use the gentle slope to your advantage. Westshore Estates is only 30 mins from Vernon for your main shopping and groceries plus there are small independent stores on the Westside for the essentials. You can stay close by and enjoy one of the nearby beaches, boat launches, hiking or ATV on the crown land, or visit Fintry Park. The choice is all yours, it's all waiting just outside your doorstep! (id:39198)
Location
Province
British Columbia
City
Vernon
Address
10732 Westshore Road
Postal Code
V1H2C2
Location Highlights
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Listed by
Canada Flex Realty Group 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
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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
$89,000
Asking Price
$89,000
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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