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Land For Sale at 830 Balsam Road in Kelowna, British Columbia

New
4 Sale ID #225193
Updated 03 May 2024

Asking Price

$140,000

Cap Rate help 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)

  • MLS® : #10309671
  • Date Listed : 11 Apr 2024

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

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$140,000

Asking Price

$140,000

Cap Rate help 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.

N/A

NOI help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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