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Land For Sale at #PL 32 3510 20 Avenue NE in Salmon Arm, British Columbia

4 Sale ID #56408
Updated 29 Apr 2024

Asking Price

$299,000

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

LOT 32 (3540 16th Avenue NE) - LAMBS HILL Phase 4.....The last of the lots in this picturesque setting located in North Broadview, considered the sun belt of Salmon Arm. These mountain view lots are generous in size and are the last of this 32 lot development to be offered for sale. Zoned R-1 this .31 acre lot is within close proximately to Shaw Centre, Uptown Askews and both Salmon Arm Sr High School and Bastion elementary. Whether you are a family or an empty nester, you will want to live and play in this neighborhood. (id:39198)

  • MLS® : #10254922
  • Date Listed : 30 May 2022

Location

Province

British Columbia

City

Salmon Arm

Address

#pl 32 3510 20 Avenue Ne

Postal Code

V1E1Z3

Location Highlights

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Listed by

RE/MAX Shuswap Realty 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

$299,000

Asking Price

$299,000

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.

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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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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