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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,250,000
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
This spectacular, super private, 90-acre lakeview property is one of the last large tracts of land overlooking the Okanagan valley and is ready for you to build your dream estate on today. Enjoy the perfect privacy and solitude this incredible acreage offers with breath-taking views of the valley overlooking the vineyards of the Okanagan from Kaleden to Peachland, the Cathedral mountains and Apex with completely unobstructed views. This incredible property is located adjacent to Crown Land near Three Blind Mice, one of the South Okanagan's most widely used recreational areas and is only 15 minutes from town. This is also a perfect investment or holding property and may be able to be subdivided at some point. 12 good well sites witched. Endless spectacular Home Sites. Tremendous value at the asking price today. Seller is a licensed Realtor. (id:39198)
Location
Province
British Columbia
City
Penticton
Address
1205 Spiller Road
Postal Code
V2A8T3
Location Highlights
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Listed by
Canada Flex Realty Group Ltd 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
$1,250,000
Asking Price
$1,250,000
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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