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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,900,000
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
Attention all single family residential developers and retirement home developers. This is the best development site in Sudbury in the exclusive Moon Glow region! This site which includes three other parcels of land that must be sold together to total 29.65 acres (without the parkland dedication) is zoned for either 93 single family estate lots or one large retirement home consisting of 108 guest rooms and 144 dwelling units. **** EXTRAS **** This property includes the property pins of 735960931 and 735960794 and 735960894. (id:39198)
Location
Province
Ontario
City
Sudbury Remote Area
Address
33 Hidden Ridge Crt
Postal Code
P3E5X2
Location Highlights
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Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD. 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
$5,900,000
Asking Price
$5,900,000
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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