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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,499,000
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
Ideal for family estate or development opportunity. 4.06 acres of privacy with 70 years of landscaping maturity. A gently-sloping lot with trees and shrubs, developed by landscape architect G.Van Ginkelthat; who also designed Bowering Park. With the Waterford Valley microclimate, a few extra degrees can make the difference between snow or rain and between a good or great garden. Includes walking trails and bridges over a picturesque flowing trout filled river. Utility and services include municipal water and sewer to front boundary, a private artesian well plus Rear-lot electrical and telecom. There is also a recently constructed 1,200 SF garage/outbuilding suitable for many uses plus an existing regulation sized tennis court, with flexibility to move location. With existing City approvals in place for lot 8A Waterford Avenue, no zoning or planning approval would be required to commence construction for two estate homes. A concept plan for a 9-lot subdivision, that meets the large lot requirement of this rare and desirable RA zoning, is also available for consideration. Call today for full information on the last 4 acre Waterford Valley estate lot. Youtube Video Link for Drone View; https://youtu.be/8POnBAhr6DA Copy and paste in browser or click virtual tour (id:39198)
Location
Province
Newfoundland & Labrador
City
St. Johns
Address
8a-10 Waterford Avenue
Postal Code
A1E2X8
Location Highlights
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Listed by
CAMERON REAL ESTATE BROKERAGE 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
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
$2,499,000
Asking Price
$2,499,000
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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