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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,399,000
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
Prime 4.32 acre property. Property is zoned R4 matching the official community plan as medium density residential with potential for single family residential lots or strata development, R4 allows 16 units per acre potential for a total of 69 homes. With new Government housing and zoning rules and incentives to create more housing, this property has loads of opportunity. All city services available. This property will have very low offsite costs and cost effective access to services. This is truly one of the nicest areas in Salmon Arm and surrounded by all the amenities. The property is mostly flat and ideal to build on. Salmon Arm is one of the fastest growing communities in BC. Give me a call for a look or more details before it's gone. (id:39198)
Location
Province
British Columbia
City
Salmon Arm
Address
2800 20 Avenue Ne
Postal Code
V1E4R5
Location Highlights
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Listed by
Homelife Salmon Arm Realty.Com 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
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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
$3,399,000
Asking Price
$3,399,000
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
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Market Competition
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