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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$465,000
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
Amazing opportunity to own over 860 acres of land in beautiful Northern Ontario only 30 minutes from the City. All lots are connected and accessible via a shared access road and numerous trails. This is the ideal property for outdoor enthusiasts, hunters, loggers, or for incredible hiking adventures. One of the lots (harvested 30 years ago and thinned in 2019) has a refreshed rustic cabin including bedrooms, kitchen, storage, 110v panel (requires generator), large outhouse, and Sea can, perfect to store all those toys! All lots are mostly in their natural state (mixed forest). Topography is mixed with rock outcroppings, bedrock and creeks. There is an unmaintained travelled road/trail that traverses the property. Three lots are located on rolling hills, ATV and snowmobile trails, streams and ponds, mixed forest and wildlife. Two lots are located on unorganized land allowing for multiple opportunities and adventures. The properties are being sold together. Please contact your REALTOR® to obtain information should you wish to purchase individual lots. (id:39198)
Location
Province
Ontario
City
Sault Ste. Marie
Address
1408-1606 Sixth Line Ext W|plus 3 Others
Postal Code
P6A5K6
Location Highlights
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Listed by
Green Apple 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
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
$465,000
Asking Price
$465,000
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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