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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$314,900
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
It’s 2020 at Smith Creek West!! For a very limited time, we have rolled back the pricing on our Phase 2 homesites by up to 25%, so don’t miss your chance to take advantage of this exciting offer! After many months of design and detail work with our Guidelines consultant, and the City, we are excited to bring you the finest, most diverse and well integrated family homesites in West Kelowna. This exciting new family neighborhood is sure to delight with its spectacular lake, mountain, and rural vistas, easy access and proximity to all the ever expanding amenities of West Kelowna. Designed to integrate well with the native environment, and respect the history of the area, a quiet walk, hiking, mountain biking, and more are all available at your back door. We are confident that you’ll something that satisfies your home design preferences, space requirement and budget with the same stunning natural surroundings, neighbourhood focus, easy access, and proximity to the amenities that lead to a very quick “sellout” of the previous phase. This is a flat homesite which will accommodate a variety of different home designs, with easy and level access. Two year time limit to build, and you can bring your own builder! Subdivision registration anticipated by the end of March 2024. (id:39198)
Location
Province
British Columbia
City
West Kelowna
Address
Proposed Lot 44 Flume Court Court
Postal Code
V4T2X3
Location Highlights
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Listed by
RE/MAX Kelowna 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
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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
$314,900
Asking Price
$314,900
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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