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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,140,000
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
One of the nicest LAKEFRONT lots available for sale in British Columbia's beautiful East Kootenays! Complete with your very own private dock for your boat and water toys, this special and totally unique lot has a small creek that creates a natural border right down to the lakeshore, adding privacy and stunning genuine beauty. This lot is sure to become a great place to host and entertain friends and family or to just sit and relax and enjoy this very special spot and some of the most stunning sunsets in the entire Columbia Valley. On the shores of Columbia Lake, this sprawling .66 acre lot with 111 feet of private lakeshore will offer amazing architectural and building options and breathtaking lake and mountain views. Located in the small private community of Painted Ridge, there is no building commitment, allowing you to take time to design and build your family's dream retreat and legacy home. Painted Ridge will have community amenities including a club house, sport court, and private beach area for all residents to use and enjoy. A short drive from Cranbrook International airport and close to championship golf courses, amazing biking and hiking trails, fly-fishing, skiing, and all the summer and winter activities of the Columbia Valley in beautiful BC.....come see what this inspiring area has to offer! (id:39198)
Location
Province
British Columbia
City
Canal Flats
Address
8695 Cottage Lane
Postal Code
V0B1B0
Location Highlights
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Listed by
RE/MAX Invermere 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
$1,140,000
Asking Price
$1,140,000
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
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Market Competition
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