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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,200,000
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 private and oversized .35 acre lot is located in “the best” location in the new development of Wildsong at Predator Ridge Resort. Elevated west-facing views overlooking the majestic hills of the Ridge golf course with breathtaking views of Okanagan Lake and Terrace Mountain. This lot has been levelled to accommodate a truly custom home, including a pool & spa, with over 9,800 square feet of buildable area. The best reason to live at Predator Ridge is the lifestyle. If you're looking for a true lifestyle community in Canada, you won't find another community richer in amenities. Predator Ridge residents can enjoy – 36 holes of championship golf, fine dining, a state-of-the-art fitness centre, 25kms of biking, hiking and walking trails, tennis, pickle ball, and yoga, along with access to Sparkling Hills Resort and some of Canada's most celebrated vineyards and wineries. Choose from one of the exclusive builders to build your dream home and live the ""Resort Lifestyle"" at Predator Ridge. (id:39198)
Location
Province
British Columbia
City
Vernon
Address
172 Wildsong Crescent
Postal Code
V1H0A8
Location Highlights
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Listed by
Sotheby's International Realty Canada 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
$1,200,000
Asking Price
$1,200,000
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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