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Land For Sale at #(Parcel C) 9508 Winchester Road in Vernon, British Columbia

4 Sale ID #168233
Updated 02 May 2024

Asking Price

$225,000

Cap Rate help 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

Live in Killiney Beach. Here is a unique opportunity to build the home of your dreams on a 1 acre lot. Power and water are available at the lot line and most of the preliminary site preparation has been done! 2 level building site have been prepared with the upper site giving the opportunity of a lakeview depending on the style of home you choose. Enjoy the calm and privacy of country living yet be no more than 30 mins away from the nearest urban area. With waterfalls and beaches close by plus lots of nature this property is perfect a country home or weekend getaway. (id:39198)

  • MLS® : #10286669
  • Date Listed : 06 Oct 2023

Location

Province

British Columbia

City

Vernon

Address

#(parcel C) 9508 Winchester Road

Postal Code

V1H2C6

Location Highlights

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Listed by

Stilhavn Real Estate Services British Columbia listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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

$225,000

Asking Price

$225,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

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Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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