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Land For Sale at Lot Salem Road in Enon, Nova Scotia

New
4 Sale ID #229790
Updated 06 May 2024

Asking Price

$44,000

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

**Photo demonstrates an approximate outline of Lot** Situated in beautiful picturesque Cape Breton, this wooded 21 acre lot is waiting for you to build your dream home or cottage. Only 50 minutes to Sydney, 30 minutes to Ben Eoir Ski Resort and 10 minutes to stunning Loch Lomond. Cape Breton has been ranked number 1 Island in Canada for the fourth year running in "Travel & Leisure's World Best Awards" (id:39198)

  • MLS® : #201826993
  • Date Listed : 13 Nov 2018

Location

Province

Nova Scotia

City

Enon

Address

Lot Salem Road

Postal Code

B1J1W1

Location Highlights

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Listed by

Royal LePage Atlantic (Dartmouth) 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

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Financial Information

Yearly Rate

$44,000

Asking Price

$44,000

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

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Market Competition

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