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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$149,900
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
Be sure to watch the Virt Tour URL. Beautiful waterfront property that consists of 8.47 acres off Route 11, in St. Chrysostome that offers year round access. The property has 276 feet of waterfrontage and 137 feet at the road and is 1750 feet deep and offering wonderful privacy. There is a large clear area that offers wonderful views, lots of trees and vegetation throughout the property and there is a wonderful trail that leads through the property to the beach. Recent improvements to the property within the past 2 years include a new 14' x 26' building at a cost of $20,000.00, 2 new culverts, survey, perk test (category #1 result) plus lots of ground work to the property. This is a great south shore property with a lovely beach and beautiful views and evening sunsets to enjoy. Call today, properties such as this are not easy to come by. (id:39198)
Location
Province
Prince Edward Island
City
St. Chrysostome
Address
10205 Route 11
Postal Code
C0B2E0
Location Highlights
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Listed by
RE/MAX HARBOURSIDE REALTY Prince Edward Island 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
$149,900
Asking Price
$149,900
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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