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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$50,000
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
Here you can decide on which great lot to build your forever home on! With distant views of Rustico and the Gulf of St. Lawrence, a quiet and private paved road, and only minutes away from PEI's top rated Cavendish beach and golf courses, here is a fantastic opportunity for you to make your home design plans a reality. In total there are four spacious lots available, each being 1.65 acres with a better view the higher the elevation. Lot 1: $63,000, Lot 2: $63,000, Lot 3: $68,000, Lot 4: $68,000. These lots are surveyed, perc tested, and simply waiting for you to break ground! Notes: HST applicable on top of the purchase price. There are several restrictive covenants in place to protect your investment. The property boundaries drawn on the aerial photos are approximate. (id:39198)
Location
Province
Prince Edward Island
City
Mayfield
Address
Lot 1 Houston Rd
Postal Code
C0A1N0
Location Highlights
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Listed by
ALLAN WEEKS REAL ESTATE CO.,LTD. Prince Edward Island 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
$50,000
Asking Price
$50,000
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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