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Land For Sale at Lot Highway 308 in Morris Island, Nova Scotia

4 Sale ID #86527
Updated 30 Apr 2024

Asking Price

$84,900

Cap Rate help 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 3.7 acre surveryed lot on the water is just awaiting a new owner. Direct road frontage and waterfront lots are getting hard to find. This lot 25 minutes from Yarmouth on a paved road will attract a seasonal development or year round living. Both apply in this area. The tidal frontage is always changing the view here. Call for more details. (id:39198)

  • MLS® : #202214724
  • Date Listed : 22 Jun 2022

Location

Province

Nova Scotia

City

Morris Island

Address

Lot Highway 308

Postal Code

B0W3M0

Location Highlights

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Listed by

The Real Estate Store Nova Scotia listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$84,900

Asking Price

$84,900

Cap Rate help 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.

N/A

NOI help 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 help 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 help 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

N/A

Market Competition

N/A


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