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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$479,900
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
Newly subdivided view lot in the North BX! This lot is 2.47 acres with an unbelievable view of the valley, lakes and the city of Vernon. The sunsets from this west facing property promise to be absolutely breathtaking. The property has had trees selectively removed to create a building site and usable areas for a future shop or barn etc. This property is a fantastic place to build your dream house. The property is serviced by a 540 foot well that produces 3.6 gallons per minute. A well log and water test result are available upon request. (id:39198)
Location
Province
British Columbia
City
Vernon
Address
Lot 7 8041 Mclennan Road
Postal Code
V1B3S7
Location Highlights
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Listed by
RE/MAX Vernon 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
$479,900
Asking Price
$479,900
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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