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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$349,000
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
Welcome to Morningview! This lot is only one of 5 flat lots in the entire development. Located on Middleton Mountain in beautiful Coldstream. This elevated flat lot is ready for a grade level build, suitable for a one level rancher or 2 storey home. Ready to build plans shown in the listing photos are available upon request, designed by R-tistry Home Design, a specialized designer of custom and luxury homes in the Okanagan Valley. Use these plans as is, modify or start from scratch to realize the Coldstream home of your dreams. The subdivision offers open spaces/parks, a playground, and trails connecting to Middleton Mountain Park's almost 30 acres. Coldstream is well known for its close community feel and exceptional schools, a perfect choice for active families, only a quick drive to Vernon, and first-class ski hills, wineries, and beaches like the famous turquoise waters of Kalamalka Lake. Lot purchase only. Must build with Gibson Custom Homes. Motivated Seller! Bring an offer! (id:39198)
Location
Province
British Columbia
City
Coldstream
Address
182 Sarsons Drive
Postal Code
V1B2P2
Location Highlights
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Listed by
Oakwyn 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
$349,000
Asking Price
$349,000
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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