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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$794,900
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
Build your dream home or a duplex with your kids on this choice dual lot just a stone's throw from Okanagan Lake... *bonus includes walk-to-the-lake access!* With 78' lot frontage you will have room for your boat and RV or a 3 car garage. On this south-facing property, you'll get your fill of panoramic lake views and a quiet tranquil country setting, without giving up the convenience of being close to schools and shopping, just 10 minutes away. Get ready to take full advantage of the short 5 minute walk to lake access and 2 minute drive to a boat launch, not to mention the excellent hiking and biking right from your doorstep! Bring your own builder, these two lots are ready to go. Check out the possibilities for this great Okanagan property today! (id:39198)
Location
Province
British Columbia
City
Vernon
Address
8803/8805 Adventure Bay Road
Postal Code
V1H1E1
Location Highlights
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Listed by
Royal LePage Downtown 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
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
$794,900
Asking Price
$794,900
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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