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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,000
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
This magnificent treed waterfront parcel on the Beautiful Lower Beverley Lake has a mixture of rock outcroppings, elevations and valleys. There is approximately 26 acres and 3000 +/- feet of diverse shoreline with deep water, sandy beach area and shallow (natural) which attracts wildlife. Explore the options of building on this remarkable property. Currently water access only but Seller is working on re-instating the former right of way. Located between Elgin and Delta, it is close to both village amenities. Don't miss out on this opportunity. Call for further details. (id:39198)
Location
Province
Ontario
City
Elgin
Address
0 Lb Lower Beverley Lake
Postal Code
K0E1G0
Location Highlights
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Listed by
Re/Max Rise Executives, Brokerage 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
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
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
$599,000
Asking Price
$599,000
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)
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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