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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,950,000
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
Rare and exciting opportunity to purchase and develop your own neighbourhood! More than 31 acres of land along with 4 existing detached homes with a total of 6 rental units. Excellent chance to build and design additional homes for resale or an expanded income generating portfolio. All properties are well maintained and currently tenant occupied. Each features generously sized lots (with separate PID?s) and attractive designs and modern floor plans. Property fronts on West Porters Lake Road and features a well maintained private road. Short walk to Porters Lake Provincial Park. Perfectly situated close to nature and a short 25 minute commute to Downtown Dartmouth and less than 10 minutes to Lawrencetown Beach. Call today for details. (id:39198)
Location
Province
Nova Scotia
City
West Porters Lake
Address
Lot B1 X B M Old Minesville Road
Postal Code
B3E1L1
Location Highlights
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Listed by
RE/MAX Nova 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
$2,950,000
Asking Price
$2,950,000
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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