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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$647,300
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
LOCATION, LOCATION, LOCATION - Attention all investors and developers alike, don't miss this incredible opportunity to own 30+ acres of prime real estate in Antigonish, NS. OWNER FINANCING AVAILABLE. This land is only 3 km from STFX University and the downtown core of Antigonish with all of its amenities. The land provides stunning views of the Antigonish Harbour and the beautiful mountains beyond. You have access to municipal services which run along the entire high side of the property and there is a deeded easement at the low side of the property to enable gravity fed sewer to Williams Point Road. Extremely easy highway access and power lines along the entire length of the property. Now, what could you use this land for? How about a subdivision of detached homes (conceptual plans in documents) with numerous access points off south river road, a retirement living community, a community of semi- detached homes, a beautiful mini home park or even a storage unit business. Honestly, the options are endless. Check out the aerial view video and let your mind create even more possibilities with this incredible opportunity. Residential housing is desperately needed. This land makes it possible for you to do something incredible. The one thing I do know is the powers that be will not be making anymore land so don't let this opportunity pass you by - Book your viewing today! (id:39198)
Location
Province
Nova Scotia
City
Antigonish
Address
Lot Rl-1a South River Road
Postal Code
B2G2H9
Location Highlights
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Listed by
Keller Williams Select Realty 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
$647,300
Asking Price
$647,300
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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