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Land For Sale at 2471 WORKMAN Place in Naramata, British Columbia

4 Sale ID #208776
Updated 07 May 2024

Asking Price

$495,000

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

Breathtaking view lot in Naramata BC. Perched above the famous KVR trail you will forever enjoy unparalleled sweeping lake, valley and vineyard views. This incredible lot will accommodate so many design options as it is over 100ft wide. Water, power, gas and a community septic system are all at the lot line and the property has been excavated and geotechnically approved for a sprawling rancher with a walkout basement. This property is ready to build with your approved dream home plans. A building scheme is in place to ensure the quality of this exclusive neighborhood. (id:39198)

  • MLS® : #10305109
  • Date Listed : 26 Feb 2024

Location

Province

British Columbia

City

Naramata

Address

2471 Workman Place

Postal Code

V0H1N1

Location Highlights

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Listed by

RE/MAX Penticton Realty 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

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Financial Information

Yearly Rate

$495,000

Asking Price

$495,000

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

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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