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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,000
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
2.0+ ACRE lot with 170 FT of frontage on Long Sheffied Lake in Stone Mills Township. Come build your dream cottage for your family or for an investment. Imagine sitting on your private dock, with a glass of wine in hand as the sun sets behind the forest. Loon calls echo across the water, mingling with the crackling sounds of an evening campfire. Nature is calling you to this pristine waterfront lot with your own private dock.. Enjoy the outdoors, camping, fishing, water sports and more. There's a laneway in place, a clearing at the water's edge, and a usable camper included. 35 minutes to Napanee and the 401. Lake is enjoyable year round by the few property owners in the area. Come and become part of the Long Sheffied family. **** EXTRAS **** Property is hilly and pristine at the road side and land out to a flat area on the water front. Buyers to do their own due diligence regarding building and permits. Long Sheffied is a fresh water lake that drains into Beaver Lake. (id:39198)
Location
Province
Ontario
City
Stone Mills
Address
#lot 9 -2458 Gull Creek
Postal Code
K0K2G0
Location Highlights
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Listed by
ROYAL LEPAGE CONNECT REALTY 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
$399,000
Asking Price
$399,000
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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