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Land For Sale at 1708 BERESFORD ROAD in Kamloops, British Columbia

New
4 Sale ID #223667
Updated 03 May 2024

Asking Price

$314,000

Cap Rate help 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

Gently sloping lot on the shore of Separation Lake in Knutsford, surrounded by small acreages and ranchlands. Live the quiet life while being only a 10 minute drive to Aberdeen, Costco, restaurants, major shopping areas & TRU. A recent survey of this property shows the lot size to be 1.4 acres. A Private hydro line runs from approx. half way down Beresford Rd to the lot. Purchasers to pay for hydro hook up to the lotAF1 Zoning allows for a House with a suite or a duplex, and a variety of other uses not permitted in the city. Zoning & proximity to the city makes this a great holding property, the adjoining 2.08 acre lot is also for sale. There is no proven water or septic installed. Come take a look & consider the possibilities! Buyers to confirm all information that is of importance to them. (id:39198)

  • MLS® : #177656
  • Date Listed : 08 Apr 2024

Location

Province

British Columbia

City

Kamloops

Address

1708 Beresford Road

Postal Code

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Location Highlights

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Listed by

RE/MAX REAL ESTATE (KAMLOOPS) British Columbia listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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

$314,000

Asking Price

$314,000

Cap Rate help 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.

N/A

NOI help 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 help 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 help 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

N/A

Market Competition

N/A


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