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Industrial Property For Sale at 875 SAFARI RD in Hamilton, Ontario

4 Sale ID #220058
Updated 03 May 2024

Asking Price

$4,450,000

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

Welcome to the countryside! this grand property featuring a beautiful 6-bed home and 50 acres of land is a must see! notable features include: a huge multipurpose barn (300 feet long), a stunning pond at the front of the property, over 30 acres of arable land, a gigantic above ground pool, and a short drive to the African Lion Safari as well as McMaster university. on top of its sheer beauty, this property also offers high potential to generate income. If you're looking for the perfect country side home, this 50-acres property is a must see! **** EXTRAS **** Appliances Fridge, Stove, Dishwasher, Washer, Dryer, Aboveground Pool, Huge Multipurpose barn, 50 acres of land. (id:39198)

  • MLS® : #X8177228
  • Date Listed : 27 Mar 2024

Location

Province

Ontario

City

Hamilton

Address

875 Safari Rd

Postal Code

L0R1V0

Location Highlights

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Listed by

CENTURY 21 GREEN REALTY INC. Ontario listing

Category

industrial-properties

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

N/A

Financial Information

Yearly Rate

$4,450,000

Asking Price

$4,450,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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