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Land For Sale at 586 Clifton Court in Kelowna, British Columbia

4 Sale ID #168427
Updated 02 May 2024

Asking Price

$735,000

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

One of the few remaining lots in the secluded and prestigious North Clifton Estates. The endless lake views and scenic hiking trails allow you to enjoy the proximity to nature. Build the home of your dreams encompassing the perpetual views! This location is superb being only 10 minutes to downtown, quick access to golf, shopping and restaurants. 0.163 acre lot is partially fenced. (id:39198)

  • MLS® : #10286773
  • Date Listed : 05 Oct 2023

Location

Province

British Columbia

City

Kelowna

Address

586 Clifton Court

Postal Code

V1V0B7

Location Highlights

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Listed by

RE/MAX Kelowna British Columbia listing

Category

land

Property Information

Premise Status

N/A

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

$735,000

Asking Price

$735,000

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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