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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$134,900
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
Marean Lake Resort offers a great opportunity to put down roots at a family focused lake community. The resort has been in operation for many decades with good services including a beach booth with showers, laundry and washrooms. The boat launch is easy to use and there is ample parking nearby as well as seasonal and weekly dock rentals available. A new fish shack, RV lots, mini golf and more are all within the resort. The lake has great fishing and is located close to Greenwater Provincial Park where there is a nice golf course, marina and lots of fun activities. Take a walk on Clingers Trail with kilometres of nature hiking paths and lookout points over the water. Sunny days at the beach are a must with an in water slide and playground for the kids as well as a large grass area for seating. The lot is a wedge shape with a partial view of the water and backs a buffer zone which allows for a little more space between neighbours. Easy access from a well maintained road which can accommodate an RTM. As someone who has spent many summer holidays at this lake I can confidently say this is a place your family can settle down at for generations. Zaks has a Simple Home called the Retreat for $169,500 including foundation and moving within 200km. See link below with contact info for inquiries. https://zaksbuilding.com/gallery/coming-soon-retreat-simple-home-169500/ (id:39198)
Location
Province
Saskatchewan
City
Marean Lake
Address
1340 Lakeside Road
Postal Code
S0E0N0
Location Highlights
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Listed by
Royal LePage Saskatoon Real Estate 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
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
$134,900
Asking Price
$134,900
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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