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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$549,000
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
Attention Developers! Here's an incredible opportunity for you. We present a vacant land of approximately 1.75 acres with mostly flat terrain, ideally zoned for Multi-Family Residential (RM). This property holds immense potential for development projects. Situated in the town of Barriere, just a 40-minute drive from Kamloops, this location offers convenience and accessibility. One of the key advantages is the property's accessibility to community water systems and sewerage, making it even more desirable for your development plans. Additionally, the land is conveniently located within walking distance to the town's amenities, ensuring a convenient and enjoyable lifestyle for future residents. GST applies, and all measurements provided are approximate. We encourage buyers to verify all information independently. For more information please contact. (id:39198)
Location
Province
British Columbia
City
Barriere
Address
4329 Yellowhead Highway
Postal Code
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Location Highlights
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Listed by
CENTURY 21 EXECUTIVES REALTY LTD (KAMLOOPS BRANCH) 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
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
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
$549,000
Asking Price
$549,000
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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