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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,000
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
Sweeping Okanagan Lake and Okanagan valley views are found from this 26,000 sq. ft. building lot situated on the Naramata bench. The property is sloped with direct street access at the front of the lot and laneway access at the rear, allowing for flexibility of your design choices and unfettered access for the builder of your choice to construct your vision. All services are available at the lot line including natural gas, electricity, water, sewer, telephone, cable, internet and storm sewer. The zoning bylaw and building scheme allow for both a principal dwelling and a secondary dwelling to be built. This newly developed, upscale neighbourhood is in close proximity to trails, renowned wineries, unspoiled beach, artisan shops and the Village of Naramata. GST has already been paid, so no extra charge! (id:39198)
Location
Province
British Columbia
City
Naramata
Address
230 Benchlands Drive
Postal Code
V0H1N1
Location Highlights
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Listed by
Parker Real Estate 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
$699,000
Asking Price
$699,000
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
N/A
Market Competition
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