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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$389,900
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
Gorgeous Lakeview, non-strata, just steps away from the sandy point of 2nd beach! This gently sloped 1 acre lot offers stunning panoramic views of Nicola Lake, surrounded by the rolling hills of the picturesque Douglas Lake cattle country and has an open access bonus area beside it, providing more privacy and space from neighbours. Just 20 minutes to Merritt, and to the Historic Quilchena Hotel and Premiere Sage Brush Golf Course right across the lake. The new High Speed Wifi, just upgraded by Telus makes this perfect for working from home! With year-round paved road access, and crown land at your back door, you will enjoy 4 seasons of recreation including, water sports, hunting, fishing, snowmobiling - just hook on to the boat with your side by side and have it in the water in minutes at one of the private boat launches. Build your dream home or vacation home, add a carriage home with secondary suite. Water, sewer, power is all at the lot line. Call for more detail (id:39198)
Location
Province
British Columbia
City
Merritt
Address
6601 Monck Park Rd
Postal Code
V1K0A1
Location Highlights
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Listed by
RE/MAX LEGACY 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
$389,900
Asking Price
$389,900
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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