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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$969,000
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
Perched above Okanagan Lake, this waterfront lot with approx.. 165 feet of prime lakefront is unmatchable in its breathtaking 270 degree views down the lake. This rarely found property in a quiet cul de sac offers an idyllic location to build the home of your dreams. Bring your preferred builder to this 1.13-acre lot and begin imagining the possibilities. Come take a look today - with no timeline to build and all the potential you could ever hope for. Located a mere 15 minutes from Vernon, close to Silver Star and skiing, and 11 minutes from The Rise golf course. (id:39198)
Location
Province
British Columbia
City
Vernon
Address
8830 Adventure Bay Road
Postal Code
V1H1E1
Location Highlights
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Listed by
RE/MAX Vernon Salt Fowler 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
$969,000
Asking Price
$969,000
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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