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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$535,000
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
9.88 Acres located in the Ellison area near the Airport and UBCO. This private acreage offers spectacular valley views! Perfect spot to build your dream home and run a few horses! The property has a drilled well for water, paved road access, and a power line along the road. This is a Foreclosure sale. The property is being sold as is where is. All offers must be subject to Court Approval. No Court date has been set yet. See Matrix supplements for ""Schedule A"" which must be attached to all offers. For information regarding zoning and building on this property contact the Regional District of Central Okanagan https://www.rdco.com/en/business-and-land-use/planning-and-land-use.aspx?_mid_=40089 (id:39198)
Location
Province
British Columbia
City
Kelowna
Address
Lot A Farmers Drive Unit# A
Postal Code
V1P1A3
Location Highlights
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Listed by
Macdonald Realty Interior 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
$535,000
Asking Price
$535,000
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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