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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$99,900
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
An environmentally conscious development situated on Lake Huron and St. Joseph Island’s south side. Each beautiful lot already has a driveway built and seasonal road access makes them ideal for a camp or cottage getaway! Incredible sunrises, fantastic bird watching, abundant wildlife, sheltered mooring, nearby boat launch and deep water access, power at the road, and low municipal tax rates make these properties the perfect spot for your new retreat. Check out the lot diagram and individual lot detail section to pick out your favourite. HST is in addition to lot prices. (id:39198)
Location
Province
Ontario
City
St. Joseph Island
Address
Lot 26 Richmond Bay Rd|hilton Township
Postal Code
P0R1G0
Location Highlights
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Listed by
Royal LePage Northern Advantage Stewart Team Richards Landing 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
$99,900
Asking Price
$99,900
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
N/A
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