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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$249,900
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
Build your dream home in Park Hill Estates! LOT 8 - Amazing opportunity in one of Salmon Arm’s newest subdivisions, located in one of the fastest-growing communities in BC. This prime location is just a short walk to the only public beach in Salmon Arm. These freehold proposed lots are zoned R1 and each lot varies in size, offering amazing views. This non-stratified property is situated in a desirable area with many lots bordering the Shuswap golf course, city park, and four-season trails. The Shuswap is renowned for its abundance of recreational opportunities. Additionally, there is a public boat launch and full-service marina within minutes, as well as a baseball diamond and great potential in the rapidly expanding Canoe area. Shopping, restaurants, and amenities are conveniently located within a 10-minute drive. This is an exciting opportunity to get in on the first phase, with GST applicable and a design guideline that will be required upon sale. (id:39198)
Location
Province
British Columbia
City
Salmon Arm
Address
6951 42 Street Ne Lot# 8
Postal Code
V0E1K0
Location Highlights
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Listed by
Century 21 Executives Realty Ltd. 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
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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
$249,900
Asking Price
$249,900
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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