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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
5.4 ACRES (UP TO 20 LOTS) OF LAKVIEW PROPERTY - NEXT TO FOX'S POINT AN AREA PROTECTED FOR PUBLIC USE. Great opportunity at Last Mountain Lake east side. YOU COULD OWN THIS ENTIRE PARCEL AS ONE BIG LOT OR PARCEL OFF AS MUCH AS YOU LIKE! This property is located in the Green Acres Resort that already includes many quality built homes. It is accessed from newly resurfaced highways 322 and 220. The parcel is located beside Colesdale Park South and 5 minutes from Rowan’s Ravine Provincial Park. There are 3 boat launches within 5 minutes of the property. The public area is protected by the RM and Sask. Wildlife with trails right to Fox’s Point. Also included in the overall development is another 1.7 acre protected municipal park area and a 23 acre Ducks Unlimited conservation area. RV's with septic tanks can be placed on the property for 5 years and then another 4 after build permit has been issued. Garages can be built before principle residence, same 5/4 policy as RV's, both need permits. Power/gas to the property edge and fibre optics have just been installed to the resort lot edge. Resort is in Horizon School Division with busing to William Derby School in Strasbourg. Call your Realtor for more details. (id:39198)
Location
Province
Saskatchewan
City
Mckillop.
Address
10-23-23-2 Lakeview Road
Postal Code
S0G0L0
Location Highlights
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Listed by
Royal LePage Next Level Saskatchewan 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
$299,900
Asking Price
$299,900
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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