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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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 18665 McKenzie Court, one of the premier lots in Phase 2 at Hunters Hill. Hunters Hill is located only 30 minutes south of Kelowna and 15 minutes north of Penticton. The lot boasts unobstructed views of Okanagan Lake and glorious views across vineyards and orchards. It features a large footprint to build your dream home, full municipal services, and is not in a Strata. The subdivision also backs onto undisturbed Crown Land. This is a resale lot, GST has been paid. There is a building scheme in place. Buyer is to do their own due diligence. It’s time to live the Okanagan Life Style. Call your Realtor today for more information. (id:39198)
Location
Province
British Columbia
City
Summerland
Address
18665 Mckenzie Court
Postal Code
V0H1Z3
Location Highlights
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Listed by
Royal Lepage Locations West 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
$499,000
Asking Price
$499,000
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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