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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$99,000
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
Looking for that perfect piece of PEI paradise? This could be it. Drive down scenic Howe Point Road and follow it until you reach your final destination at Lot 3 Oceanview Lane. Overlooking the warm shores of the Northumberland Strait, this property features 190' of private waterfront & amazing views. This 2 plus acre oceanfront property can be the ultimate spot for your future year round or seasonal home. Located just a short walk to a quiet beach, and minutes to the Inn at Bay Fortune & Inn at Fortune Bridge, the town of Souris & 20 minutes to Montague. This property is everything you're looking for and so much more. (id:39198)
Location
Province
Prince Edward Island
City
Eglington
Address
3 Oceanview Lane
Postal Code
C0A2B0
Location Highlights
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Listed by
COLDWELL BANKER/PARKER REALTY MONTAGUE 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
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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
$99,000
Asking Price
$99,000
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)
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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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