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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,499,000
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
Everything you see before you will leave you in awe! Spectacular, unimpeded views over Kalamalka lake from north to south from the rare 6.6 acre property. All the hard work is done - drilled well and cistern in, approved septic system is in, hydro and natural gas are on the property! The ultimate building site has been prepared and is ready for you to start building your dream home or check out the plans already drawn by the Seller! A forever location for your estate! A quiet neighborhood of distinctive estate acreages, barely 10 minutes from the City of Vernon and 20 minutes to the Kelowna International airport. Predator Ridge Golf Course, Kekuli Bay Boat launch and the Okanagan Rail Trail mins away! (id:39198)
Location
Province
British Columbia
City
Vernon
Address
202 Kalamalka Lakeview Drive
Postal Code
V1H1R6
Location Highlights
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Listed by
RE/MAX Priscilla 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
$1,499,000
Asking Price
$1,499,000
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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