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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$439,900
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
BRING YOUR PREFERRED BUILDER. Don't miss out on this large Lot in Peachland with sweeping lake and mountain views. Ideally located on a quiet cul-de-sac with new homes in the area, makes this the perfect place to build your new family home. You can bring the builder of your choice to design your dream home here with no time limit to build. Utilities are at the lot line. This is not a subdivision and you will not be in a construction zone once your home is complete. The lot is approximately 0.211 of an acre and the view out the front of the lot is breath taking. Your home will face the lake. In just a short drive, you can be in downtown Peachland surrounded by fine restaurants and coffee shops. Located near Lake Okanagan, this area has it all. Don't forget to bring your paddle board, kayak and boat to take advantage of the summer resort feel of Peachland. Just out your back door, you can take advantage of hiking and biking trails. You are only a short distance to Big White Ski Hills for skiing, snowboarding and tubing during the winter and and mountain biking during the summer. The location offers a large selection of estate wineries and microbreweries nearby and there is always something to enjoy here. Don't miss out on this great opportunity. Do a drive-by and you will not be disappointed. Photos can not do justice to the location of the lot or the beauty of the sweeping lake views and surroundings. All services are at the lot line. (id:39198)
Location
Province
British Columbia
City
Peachland
Address
6486 Sherburn Road
Postal Code
V0H1X7
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
$439,900
Asking Price
$439,900
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)
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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