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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$140,000
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
Discover tranquility and seclusion on this gently sloped, treed lot nestled on the picturesque west side of Okanagan Lake. Situated in the coveted Valley of the Sun community, conveniently positioned between Vernon and Kelowna, this parcel offers the perfect blend of privacy and accessibility. With an abundance of trees gracing the property, future homeowners have the flexibility to preserve as much natural foliage as desired, ensuring an oasis of calm and solitude. Embrace the freedom of crafting your dream retreat amidst the lush surroundings, with no strict timeline for construction. Whether you envision a cozy cabin retreat or a modern lakeside escape, the possibilities are endless. A mere stone's throw away from the shimmering waters of Okanagan Lake, residents can indulge in a myriad of outdoor activities, from boating and fishing to hiking and biking . Don't miss this rare opportunity to make your dream of lakeside living a reality. Water available at lot line. (id:39198)
Location
Province
British Columbia
City
Kelowna
Address
830 Balsam Road
Postal Code
V1Z3V7
Location Highlights
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Listed by
RE/MAX Vernon 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
$140,000
Asking Price
$140,000
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
N/A
Market Competition
N/A
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