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Land For Sale at Battersby Place in Midgell, Prince Edward Island

4 Sale ID #213825
Updated 29 Apr 2024

Asking Price

$49,900

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.

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Lot Size

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Building Size

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Premise Summary

Large cleared lot (2.47 Acres) in the Battersby Subdivision along St. Peters Bay. Build your dream home amongst some of the best that PEIs wonderful landscape has to offer. Easy access to the Confederation Trail, walking distance to Midgell River for recreational fishing, and a short drive to fine dining and championship golf at Crowbush Cove, as well as many of PEI's beautiful, sandy, northshore beaches, including Greenwich National Park. With an adjacent lot (2.74 acres) also available for sale for family and friends. (id:39198)

  • MLS® : #202404318
  • Date Listed : 07 Mar 2024

Location

Province

Prince Edward Island

City

Midgell

Address

Battersby Place

Postal Code

C0A2A0

Location Highlights

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Listed by

BRAD OLIVER REALTY INC. Prince Edward Island listing

Category

land

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 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

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Financial Information

Yearly Rate

$49,900

Asking Price

$49,900

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.

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Gross Revenue- annual

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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)

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EBITDA help 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

N/A

Market Competition

N/A


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