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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$279,900
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
HERE IT IS. 51 FOOT X 120 FOOT VACANT RESIDENTIAL LOT ON LANGTRY IN THE TOWN OF ESSEX WITH ALL THE AMENITIES YOU NEED. LOOKING TO INVEST IN YOUR FUTURE AND OWN LAND, AS AN INVESTOR LOOKING TO EXPAND YOUR PORTFOLIO, OR A BUILDER LOOKING TO HAVE ANOTHER LOT TO BUILD SOMEONES FOREVER HOME ON, OR ARE YOU THAT YOUNG ENTREPRENEUR LOOKING TO START YOUR INVESTMENT PATH. DO NOT HESITATE CALL TODAY FOR DETAILS ON PERMITTED USES. (id:39198)
Location
Province
Ontario
City
Essex
Address
Langtry
Postal Code
N8M1G9
Location Highlights
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Listed by
DEERBROOK REALTY INC. 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
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
$279,900
Asking Price
$279,900
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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