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Benefits
Asking Price
$129,000
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
Nestled in the picturesque landscape of MacAdams Lake, Cape Breton, this expansive 220-acre parcel of land offers a rare opportunity for a variety of potential uses. Surrounded by stunning natural beauty, the property features a diverse mix of wooded areas and cleared portions, with the added convenience of a road passing through it. The property's proximity to public water access provides an enticing opportunity for recreational activities such as boating, fishing, and water-based leisure. The presence of a road through the land enhances accessibility and potential for development, making it an ideal canvas for a private estate, recreational retreat, or environmentally conscious project. The possibilities for this expansive property are as vast as the land itself, promising a unique opportunity to create a truly exceptional and one-of-a-kind enclave in the heart of Cape Breton's pristine wilderness. A mere 20 minute drive from the city of Sydney. (id:39198)
Location
Province
Nova Scotia
City
Macadams Lake
Address
Macadams Lake Road
Postal Code
B2A4H2
Location Highlights
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Listed by
Cape Breton 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
$129,000
Asking Price
$129,000
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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