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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$298,000
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
Ready to build a corner lot with unbeatable lake and mountain view in Westshore Estates. It is only a few hundred meters from the lake. This lot makes for straightforward construction that allows for a fabulous view of Okanagan Lake. Gas, Electricity, Water, Cable etc. are all ready to go! Great options here with the Mountain Drive access. Lots of recreational activities near, 45 mins to Kelowna and Silver Star Ski Resort is less than an hour away. The lake view can be seen from simply standing on the main floor. (id:39198)
Location
Province
British Columbia
City
Vernon
Address
Mountain
Postal Code
V1H2B7
Location Highlights
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Listed by
Royal LePage West Real Estate Services 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
$298,000
Asking Price
$298,000
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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