For Sale · Specialty

Unknown

Unknown, ON

$4.7M total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

83%

Lot Size

10 ac

About this property

Situated in the South Okanagan, a meticulously maintained vineyard and renowned winery operation including multiple dwellings, a wine shop and a production building. On a grade 1 grape suitability site with self rooted plants including Cabernet Sauvignon and cool climate varietals. With lake effect and natural humidification this site benefits from optimum growing conditions for the creation of ultra premium wines Location is on a well known wine touring route and wines are of the optimum quality including many award winners. The layout and setup of the winery production buildings provide a very efficient and cost effective operation. This is truly a turn key land based winery operation, a long established vineyard and a real estate asset featuring additional revenue stream opportunities and repeat income from the loyal client base. Please note address shown is broker's office address and not the location of the winery. The price includes the winery business as well as multiple dwellings including a dwelling, multiple rental suites, a tasting room and a winery production facility including all winemaking equipment and farm machinery. Inventory is excluded. A Confidential Information Memorandum (CIM) with specific details for buyers will be released under a Non Disclosure Agreement with both parties. (id:66811)

Financial sandbox

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Estimate
Purchase price$4.65M
Down payment30% · $1.40M
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$21K

Projected NOI

$259K

Annual cash flow

$2K

Cash-on-cash

0.12%

DSCR

1.01

Going-in cap

5.58%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

111,087

Households

47,243

Median income

$134,500

Median age

41.2

Daytime population

138,316

5-yr growth

5.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Unknown.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.