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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$900,000
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
Two adjacent RC1 building lots are available for sale in the vibrant Heart of West Kelowna. They have recently been rezoned to accommodate a duplex on each lot. These lots back onto one of West Kelowna's most accessible parks, which features a spray park, playground, community garden, and much more. Additionally, you can easily access Glen Canyon Park, which offers hiking trails leading down to the beautiful Okanagan Lake. With restaurants, shopping, schools, and all essential amenities just a short walk away, this location is truly ideal. (id:39198)
Location
Province
British Columbia
City
West Kelowna
Address
Hebert
Postal Code
V4T2J6
Location Highlights
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Listed by
Royal LePage Kelowna 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
$900,000
Asking Price
$900,000
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
N/A
Market Competition
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