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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$495,000
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
Rarely does a property such as this become available and especially become available on Long Lake. This property is the dream location that takes you away from the hustle and bustle of a City, and day-to-day life in general. |Imagine owning 4.84 acres of vacant, unspoiled land that offers approximately 377 FT of shoreline with a northwest exposure providing the most beautiful sunsets. A private road off of Cronk Road leads you to this place of paradise & complete privacy. Situated in Central Frontenac, just north of Parham, Long Lake is a clean lake that reaches depths between 20 FT (average) to 44 FT and is ideally suited for fishing, boating & swimming. If ever you wanted the perfect spot to build your dream home for years to come, this will be it! Make this dream your reality! Access to hydro is near by. This lot is located 5 minutes from Parham General Store, 20 minutes from Sharbot Lake & 40 minutes from Kingston & Hwy 401 access. Enjoy vacation-like living every day! (id:39198)
Location
Province
Ontario
City
Parham
Address
Cronk Road
Postal Code
K0H2K0
Location Highlights
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Listed by
ROYAL LEPAGE PROALLIANCE REALTY Ontario 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
$495,000
Asking Price
$495,000
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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