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Land For Sale at 8800 Tronson Road in Vernon, British Columbia

4 Sale ID #76464
Updated 29 Apr 2024

Asking Price

$699,000

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

A large 3.06 Acre+/- Estate Building Lot with gorgeous, wide, expansive lake views of Okanagan Lake and the Okanagan Valley! This view lot located in Adventure Bay offers a stunning location to build your dream home. Adventure Bay offers the sought after Okanagan lifestyle with amenities such as beach and wharf access as well as miles of walking trails to explore. With easy access to downtown Vernon and all amenities our beautiful city has to offer this is truly a dream location! (id:39198)

  • MLS® : #10236093
  • Date Listed : 09 Jul 2021

Location

Province

British Columbia

City

Vernon

Address

8800 Tronson Road

Postal Code

V1H1E6

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

$699,000

Asking Price

$699,000

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

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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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