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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$279,000
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
This is a great opportunity to purchase a large 14.57 acre building lot less than 15mins from downtown Huntsville and all the amenities it has to offer. With it's large size and 443.61 feet of frontage your privacy will be guaranteed. It is becoming difficult to find large properties like this so close to town. It would be perfect for either a year round home or weekend retreat. There are many area lakes close by with public access. Come take a look and start planning your future build today. (id:39198)
Location
Province
Ontario
City
Huntsville
Address
3072 Ravenscliffe Road
Postal Code
P1H2J2
Location Highlights
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Listed by
Royal Lepage Lakes Of Muskoka Realty, Brokerage, Huntsville -Centre Street 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
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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
$279,000
Asking Price
$279,000
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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