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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
First time offered-this amazing 83+ acre property is a natural paradise with wildlife roaming the area. Many species of birds and animals call this property home. Some harvesting of trees has been done but there are still lots of areas of natural forest to hike or hunt. Just minutes from the village, the location is nearby pristine Crowe Lake and River for excellent fishing and boating. Nearby trails run for hundreds of miles for off road adventures. Situated on a school bus route and year-round road for year-round living. **Seller makes no representation or warranty as to the state of any structures on the subject property and Buyers and Agents acknowledge that they are entering the property at their own risk. All Buyers and Agents must sign the Right of Entry Agreement prior to viewing the property (available at LBO) (id:39198)
Location
Province
Ontario
City
Marmora And Lake
Address
338 Glen Allen Rd
Postal Code
K0K2M0
Location Highlights
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Listed by
ROYAL LEPAGE PROALLIANCE 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
$299,900
Asking Price
$299,900
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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