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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$225,000
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
Welcome to Portugal Cove - St. Philips a truly beautiful and idyllic location to build one's dream home! The 180-degree views of Conception Bay and the breathtaking sunsets off Bell Island is a sight to behold. The fact that the lot is nestled in the hillside adds to the charm and serenity of the setting. With 1.92 acres of land, there's plenty of space to create a spacious and majestic home, with the option to have kitchen gardens or even a detached garage provides additional possibilities for customization and convenience.One of the most appealing aspects of this property is the combination of country living and easy access to amenities, with St. John's just a few minutes away. This gives potential homeowners the opportunity to enjoy a peaceful and serene lifestyle while still having all the benefits of a nearby. Turnkey packages are also available. Let us help you build your dream home today For anyone looking to build their dream home in a picturesque location with ample space and stunning views, this 2-acre lot in Portugal Cove - St. Philips seems like an excellent choice. (id:39198)
Location
Province
Newfoundland & Labrador
City
Portugal Cove St. Philips
Address
45-47 55 Beachy Cove Road
Postal Code
A1M2H1
Location Highlights
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Listed by
Century 21 Seller's Choice Inc. Newfoundland & Labrador 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
$225,000
Asking Price
$225,000
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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