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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$44,000
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
Welcome to Sunridge Resort, just 50 minutes from Swift Current located on the east shores of Duncarin Damn. Enjoy all the the Glorious perks Reid Lake has to offer! Located in the RM of Webb just 15 minutes from Lac Pelletier where you’ll find a golf course, restaurant, and a store. This second row Fully deeded lot offers natural gas and electrical to the property line as well as being privy to a shared well the owners have pitched it to dig. The development offers garbage services, street lights, roadways, cell phone service, as well as a shared boat launch dock. Speaking of the lake if you’re a fisherman you’ll be ecstatic to hear this lakes reputation for excellent fishing and swimming alike! Camp your camper on your lot for 3 years while you build or ASPIRE to build the cabin of your dreams with easy access to the lake front! Minimum build square footage is 750 sq ft, building restrictions with the RM of webb apply. Call today for more information or to book a personal viewing and start enjoying summer the way it should be, at the lake ! (id:39198)
Location
Province
Saskatchewan
City
Webb.
Address
Lot 16 Blk 2 Sunridge Resort
Postal Code
S0N2N0
Location Highlights
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Listed by
RE/MAX of Swift Current Saskatchewan 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
$44,000
Asking Price
$44,000
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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