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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,900
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
Panoramic lake views from this PRIME building lot in North Clifton Estates! This coveted 44 lot phase is long sold out and almost completely built-out with stunning high-end homes. This is a rare opportunity to purchase a resale lot and one of the very best lots in the development. Located at the top of the development, with only parkland above and incredible lake and valley views below. This lot lends itself to a walk-out rancher OR a 2 storey plus walkout basement design...only this upper road can accommodate 2 storey (3 level) homes as there are no houses above to obstruct views. This is NOT a select builder development, however builders need to be approved by the developer and design guidelines are in place to ensure homes are built to a high quality standard. (id:39198)
Location
Province
British Columbia
City
Kelowna
Address
573 Clifton Court
Postal Code
V1V0B7
Location Highlights
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Listed by
RE/MAX Kelowna 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
$699,900
Asking Price
$699,900
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)
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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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