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Land For Sale at 360 Benchlands Drive in Naramata, British Columbia

4 Sale ID #221422
Updated 05 May 2024

Asking Price

$729,000

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

Lot Size

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Building Size

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Premise Summary

Nestled amidst the serene beauty of the Okanagan, discover this extraordinary .57 acre lot where luxury seamlessly meets nature's grandeur. Offering a picturesque vista of Okanagan Lake, this meticulously crafted property beckons you to envision your dream home. With flexible zoning, the possibilities are endless—whether you opt for a primary residence or embrace the opportunity to incorporate a secondary dwelling, tailored to your needs. Serene moments await, just moments from your doorstep. Welcome to Vista Naramata Benchlands, the epitome of modern living in the South Okanagan. Let our experienced realtors assist you in realizing your vision; house plans are available upon request. Your idyllic oasis awaits. GST has been paid by sellers!! (id:39198)

  • MLS® : #10308567
  • Date Listed : 01 Apr 2024

Location

Province

British Columbia

City

Naramata

Address

360 Benchlands Drive

Postal Code

V0H1N1

Location Highlights

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Listed by

Sage Executive Group Real Estate British Columbia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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

N/A

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

$729,000

Asking Price

$729,000

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.

N/A

Gross Revenue- annual

N/A

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.

N/A

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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