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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$165,000
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
Stamping Mill Lane is a unique development community that appreciates nature, privacy, and the beauty of the Nova Scotian woodland. Situated in Chester Basin, the community offers six estate-size lots, with Lot 3 being the largest at almost 4 acres. The surveyed and perc tested lot slopes gently and has multiple building sites with east exposure. The deeded riverfront and shared woodland has a seasonal watercourse with a waterfall surrounded by soft moss and woodland ferns. A sandy beach nestled between large boulders under a canopy of hemlocks, maples, and spruce. A walking trail runs along the river, allowing endless hikes to the north and south. Gold River Marina and the sailing waters of Mahone Bay are just minutes away, with provisions and a restaurant within walking distance. The quaint village of Chester and the charming town of Mahone Bay are an easy drive along the coast. Downtown Halifax is less than an hour away. The community of Stamping Mill Lane values living among nature, respecting the forest and creating a community of fine homes with shared values of peace, tranquility, and appreciation for the unique landscape of Nova Scotia, an excellent investment. Additional lots available: Lot 7, MLS 202321082 with 3.14 acres with direct riverfront and Lot 2 MLS 202321084 with 2.33 acres and river access. (id:39198)
Location
Province
Nova Scotia
City
Beech Hill
Address
Lot 3 Stamping Mill Lane
Postal Code
B2G0B4
Location Highlights
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Listed by
Engel & Volkers (Chester) Nova Scotia 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
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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
$165,000
Asking Price
$165,000
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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