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Land For Sale at Lot 124B Kindred Avenue in Charlottetown, Prince Edward Island

New
4 Sale ID #227961
Updated 03 May 2024

Asking Price

$129,000

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

Fantastic, 0.38 of an acre single single building lot located in Montgomery Heights community, the largest subdivision in East Royalty, Charlottetown. Located just minutes to school, hospitals, shopping and downtown Charlottetown. Restricted covenants are in place to protect your investment. Build the home of your dreams. (id:39198)

  • MLS® : #202407651
  • Date Listed : 18 Apr 2024

Location

Province

Prince Edward Island

City

Charlottetown

Address

Lot 124b Kindred Avenue

Postal Code

C1C0W4

Location Highlights

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Listed by

RE/MAX CHARLOTTETOWN REALTY 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

N/A

Financial Information

Yearly Rate

$129,000

Asking Price

$129,000

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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