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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,900
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
Turtle Mountain provides incredible Okanagan Lake and valley views. Live within the amazing nature Vernon has to offer while being only steps away from local amenities and the city’s core. Enjoy also the Grey Canal hiking trail and mesmerizing Bella Vista views, world famous beaches, award winning wineries and spectacular golf courses. They are only minutes away! Tassie Creek Estate has been created to help celebrate all that this region has to offer. A stunning 5 acre park with all its beauty compliments the estate’s area and outdoor living. Build your dream home the way you want with the builder you desire. Choose a customized layout, and take 20 months to build. The possibilities of this property are endless. (id:39198)
Location
Province
British Columbia
City
Vernon
Address
3398 Davison Road Unit# 1
Postal Code
V1H1A2
Location Highlights
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Listed by
Century 21 Executives Realty Ltd 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
$399,900
Asking Price
$399,900
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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