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BrokerStudio
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Benefits
Asking Price
$8,500,000
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
Experience the future of luxury living with our exceptional townhouse development in the prestigious foothills neighborhood of Keifer Estates. Surrounded by stunning views of the valley, rolling hills, and the captivating expanse of Kalamalka Lake, this prime Vernon location offers an unrivaled atmosphere of beauty and serenity. Our meticulously planned community presents an opportunity to create 71 remarkable residences, supported by two development permits. Whether you prefer the charm of 2-3 bedroom walk-up units or the spaciousness of 3-4 bedroom walkout designs, each home is envisioned to exceed expectations. Situated on approximately 3.8 acres, our development promises effortless access to the area's attractions, including the renowned Silver Star Ski Resort, just a short 20-minute drive away. Embrace the essence of modern foothills living in this dynamic and highly desirable locale. Moreover, our off-sites are complete, enhancing the appeal of this already impressive development site. Notably, it stands as one of the last build sites on the foot of Silver Star or east of Vernon, confirming its rarity and desirability. With the City of Vernon confirming the density, you can rest assured of the solidity of our commitment to excellence. Welcome to the future of luxury living at Keifer Estates. (id:39198)
Location
Province
British Columbia
City
Vernon
Address
7156 & 7168 Nakiska Drive
Postal Code
V1B2M5
Location Highlights
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Listed by
eXp Realty (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
$8,500,000
Asking Price
$8,500,000
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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