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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$179,900
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
What a spectacular oceanfront lot, located in one of PEI's premiere developments, just minutes from the City of Summerside, and surrounded by quality homes with miles of amazing beaches and sunsets that are second to none. There is a great utility/bunkhouse building on the property now and there are covenants in place to protect your investment. You don't want to miss this opportunity to own PEI oceanfront, it's getting harder to find every year! (id:39198)
Location
Province
Prince Edward Island
City
St. Nicholas
Address
47 Stacy Lane
Postal Code
C0B1T0
Location Highlights
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Listed by
ROYAL LEPAGE COUNTRY ESTATES 1985 LTD 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
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
$179,900
Asking Price
$179,900
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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