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Land For Sale at 2725 GRANDVIEW HEIGHTS in Merritt, British Columbia

4 Sale ID #161756
Updated 02 May 2024

Asking Price

$179,000

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

Panoramic views! Build your custom home now or plan for the future by purchasing property in one of the best neighborhoods in the valley. This lot offers great potential, close to shopping, amenities, and the Merritt campus of NVIT. City services to be connected at the lot line by the buyer. Lot is located well above the City of Merritt flood plain. Call today for more information. (id:39198)

  • MLS® : #175010
  • Date Listed : 21 Sep 2023

Location

Province

British Columbia

City

Merritt

Address

2725 Grandview Heights

Postal Code

V1K1R1

Location Highlights

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Listed by

RE/MAX LEGACY 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

$179,000

Asking Price

$179,000

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

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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