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Asking Price
$585,000
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
For additional information, please click on Brochure button below. Beautiful, fully treed parcel of land about 15 minutes from either Silver Star Resort and downtown Vernon. Build your dream acreage and enjoy the Okanagan and the ski hill all year round! Property is near the end of a school bus route, so it is paved and maintained (snow plowing, etc.) but nice and quiet. Well has been drilled to approx 600' in 2014 with 3.5gpm. Well location selected based on a prospective building spot near the eastern side of the lot, but plenty of good, flat building spots on this lot. Just need to clear trees - prospective value in the timber. Power at the lot line, zoned CR (Country Residential). (id:39198)
Location
Province
British Columbia
City
Vernon
Address
7811 Wilson Jackson Road
Postal Code
V1B3N5
Location Highlights
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Listed by
Easy List Realty 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.
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Franchise
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Financial Information
Yearly Rate
$585,000
Asking Price
$585,000
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)
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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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