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Land For Sale at 5165 Salmon River Road in Armstrong, British Columbia

4 Sale ID #212772
Updated 23 May 2024

Asking Price

$749,000

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

23 acre Armstrong property, 3.5 acres in hay, some nice open areas for pasture or building sites with Valley views, 2 unused wells, one drilled, one shallow, seasonal creek, Older out buildings, RV shelter, barn foundation in good shape from barn that burned down, some fruit trees and older grape vines, private location only 10 min to Armstrong or 30 min. to Vernon or Salmon Arm. (id:39198)

  • MLS® : #10276387
  • Date Listed : 05 Jun 2023

Location

Province

British Columbia

City

Armstrong

Address

5165 Salmon River Road

Postal Code

V0E1B4

Location Highlights

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Listed by

B.C. Farm & Ranch Realty Corp. 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

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Operational Information

Number of Working Owners

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Current Owner - years

N/A

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

$749,000

Asking Price

$749,000

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)

N/A

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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