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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$119,000
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
This fantastic waterfront lot is situated on 2.47 acres with 219 feet of frontage! This lot has a gradual slope into the water and is set back in a small cove. With beautiful vistas as far as the eye can see, you will be sure to feel relaxed every minute you are out here enjoying the breathtaking sunsets, world class fishing, endless exploring on LOTW, abundant wildlife and the list goes on. A truly special place that words cannot describe, so come on out and take a look for yourself! Big Narrows Island is located approx. 35 min south of Kenora by boat just south of Oak Point. All lots are approved for a septic system. (id:39198)
Location
Province
Ontario
City
Kenora
Address
Lot 7 Big Narrows Island Lake Of The Woo
Postal Code
P0X1C0
Location Highlights
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Listed by
RE/MAX NORTHWEST REALTY LTD. 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
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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
$119,000
Asking Price
$119,000
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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