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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$15,000,000
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
A once in a life-time opportunity to re-use or re-purpose a monumental property. Be part of an amazing historical revival project in Eastern Ontario by taking advantage of this unique property. The entire site was previously operating as a boarding school, then most recently as an event centre. The 100+ year old character, exquisite architecture and craftsmanship of the original building allow for many exciting future opportunities. Coupled with 19 villas containing 68 bedrooms, multiple meeting and event rooms with up to 450 capacity, non denominational chapel, full fitness centre, student accommodation capacity of 112+. With breathtaking views of the St. Lawrence, this property would surely be the gem of any portfolio. (id:39198)
Location
Province
Ontario
City
Brockville
Address
1120 County Road 2 Road E
Postal Code
K6V5T1
Location Highlights
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Listed by
EXP REALTY Ontario 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
140,000
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
$15,000,000
Asking Price
$15,000,000
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)
140,000
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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