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Land For Sale at 202 Kalamalka Lakeview Drive in Vernon, British Columbia

New
4 Sale ID #225940
Updated 06 May 2024

Asking Price

$1,499,000

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

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)

  • MLS® : #10309450
  • Date Listed : 10 Apr 2024

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

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

N/A

Financial Information

Yearly Rate

$1,499,000

Asking Price

$1,499,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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