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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$119,000
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
Riverside RV Resort: A beautiful gated community located off Hwy 3 along the Similkameen River, where you can enjoy year round or seasonal living. This property is a large two-tiered corner lot in Riverside RV Resort. Approximately 2500 sqft lot features a low maintenance crush pad with a gazebo and storage shed. Power, water and sewer hookups for your RV or future park model. Steps to upper tier for additional patio area with a view! Underground irrigation for flowers and shrubs. Telus Fibre optic internet is also now available. Riverside Resort amenities include an indoor pool & hot tub, gym, clubhouse, woodworking shop, and guest suites. Monthly fee of $310.21 includes water, sewer, garbage and park amenities. No age restrictions and pets are allowed. Measurements are approximate. (id:39198)
Location
Province
British Columbia
City
Keremeos
Address
#61 4354 Hwy 3
Postal Code
V0X1N1
Location Highlights
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Listed by
Royal Lepage Locations West 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
$119,000
Asking Price
$119,000
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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