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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$289,500
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
Check out this well priced quarter acre lot with cinematic river, mountain & valley views in Juniper West, one of Kamloops' most desirable neighborhoods. Get a jump on your project because of having the geotechnical requirements already completed for this lot. In fact, the GST and the $8,000 performance bond have already been paid to the city, even the engineered wall plan has been completed. If you're searching for a picturesque place to call home, this parcel in Trailside 1 will for sure get the mojo moving! This development is in the middle of an area known for close-knit connections and strong community spirit. Residents will have direct access to a plethora of family-friendly amenities such as biking and hiking, making it ideal for outdoor enthusiasts. A nearby market provides life's necessities! Embrace a lifestyle that seamlessly combines natural beauty with modern convenience. This is the best bang for the buck in the area today, call now, you'll be glad that you did! (id:39198)
Location
Province
British Columbia
City
Kamloops
Address
1668 Balsam Place
Postal Code
V2E0E2
Location Highlights
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Listed by
RILEY & ASSOCIATES REALTY 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
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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
$289,500
Asking Price
$289,500
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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