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Land For Sale at 3438 Roberge Road in Tappen, British Columbia

4 Sale ID #194190
Updated 06 May 2024

Asking Price

$389,000

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

Experience the peaceful charm of rural living on this expansive 2.5-acre undeveloped parcel, boasting breathtaking mountain vistas in the serene Tappen area. Positioned amidst residential acreages, this property seamlessly combines seclusion with a sense of community. Situated just a brief 10-minute drive from Shuswap Lake and a mere 20 minutes from Salmon Arm, this locale effortlessly merges tranquility with convenience. All essential utilities, including electricity, gas, internet, and phone services, are readily available at the lot's boundary. With an already established well, offering an abundant water supply for your future home and garden, this is a unique chance to claim a slice of the picturesque Shuswap region. Don't let this exceptional opportunity pass you by – schedule a visit today and transform your vision into reality! (id:39198)

  • MLS® : #10302264
  • Date Listed : 09 Jan 2024

Location

Province

British Columbia

City

Tappen

Address

3438 Roberge Road

Postal Code

V0E2X2

Location Highlights

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Listed by

RE/MAX Shuswap 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

N/A

Financial Information

Yearly Rate

$389,000

Asking Price

$389,000

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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