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Land For Sale at 2497 Pinnacle Ridge Drive Unit# 31 in West Kelowna, British Columbia

4 Sale ID #199729
Updated 01 May 2024

Asking Price

$599,000

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

Build your dream home on this exceptional lot nestled at the end of a tranquil cul-de-sac in the coveted family community of Tallus Ridge. This 0.38 acre lot is ideal for a walkout rancher, offering ample space for a pool and showcasing breathtaking views of Shannon Lake, as well as the surrounding mountains, valleys and Okanagan Lake. Embrace the family-friendly atmosphere with proximity to kilometers of walking trails, parks, and natural green spaces. Enjoy the serenity of nature while being just minutes away from all that West Kelowna has to offer, including beaches, wineries, shopping, and a world-class golf course practically at your doorstep. (id:39198)

  • MLS® : #10303166
  • Date Listed : 25 Jan 2024

Location

Province

British Columbia

City

West Kelowna

Address

2497 Pinnacle Ridge Drive Unit# 31

Postal Code

V4T0E3

Location Highlights

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Listed by

RE/MAX Kelowna 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

$599,000

Asking Price

$599,000

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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