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Land For Sale at 83829 HOOVER LINE R R 3 Line in North Huron, Ontario

updated
4 Sale ID #145095
Updated 03 May 2024

Asking Price

$2,580,000

Cap Rate help 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.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

Private and secluded 100 acres with hardwood bush & pond. 15 mins from Lake Huron. Set among gently rolling hills in a scenic location, with an ideal west facing site to build your Country Dream Home. The property could provide a good income, by renting out some of the farmland. Across the road is the 100 acre Rogers Tract, a multifunctional nature area that adds value and amenity, with its ponds, walking and riding trails. In certain portions it reaches heights where you feel like you are on a treetop with panoramic views. With your private 100 acres and the Rogers Tract, nature abounds in quite serenity. Call today to for more information. (id:39198)

  • MLS® : #40449677
  • Date Listed : 31 Jul 2023

Location

Province

Ontario

City

North Huron

Address

83829 Hoover Line R R 3 Line

Postal Code

N0M1H0

Location Highlights

N/A

Listed by

Peak Realty Ltd., Brokerage Ontario listing

Category

land

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$2,580,000

Asking Price

$2,580,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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