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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$339,000
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
Top 5 Reasons You Will Love This Property: 1) Nestled amidst serene surroundings, this property offers a secluded retreat, providing a peaceful escape from the city's hustle 2) The picturesque landscape of this region provides ample opportunities for diverse hunting experiences and serves as a vibrant hub for fishing and water sports enthusiasts, while its proximity to Sundridge South River Airpark caters to the passions of aviation enthusiasts 3) With hydro service conveniently available at the lot line and cell service coverage, this parcel of land ensures essential utilities for potential residential development, simplifying the process of creating a comfortable abode in this natural setting 4) Benefiting from RU zoning, this property allows pursuing the construction of a single detached dwelling or a seasonal cottage, offering versatility to accommodate various lifestyle preferences 5) Offering a harmonious blend of seclusion and convenience, this property enjoys close proximity to both Highway 11 and 124, facilitating effortless commuting and granting easy access to local amenities. Visit our website for more detailed information. (id:39198)
Location
Province
Ontario
City
Sundridge
Address
188 River Road
Postal Code
P0A1Z0
Location Highlights
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Listed by
Faris Team Real Estate 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
$339,000
Asking Price
$339,000
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
N/A
Market Competition
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