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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$695,000
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
Attention investors and project developers! Cape Breton - Lakeside area with 190 acres in top location. +/- 40 lots possible! Unique areal with close to 800 Meter! of water frontage on a beautiful freshwater lake close to all amenities! The approx. 190 acres property has already been surveyed. Access to the property is directly from Highway 320 (paved public road). The property has not been subdivided yet and can still be purchased as a single area without subdivision. Two planning proposals are available for the division, one dividing in 7 large acreages, the second dividing into 40+ individual lots. A survey already exists for the 7 lot variation. There are no restricted covenants. Not being registered yet, the property can be purchased as a whole, providing a unique opportunity for investors to be flexible for future development. An existing trail used as hiking and ATV trail provides a perfect start for a future subdivision road. Pondville beach Provincial Park is just a few minutes away. Arichat with all shops for your daily need, banks, Dr. office, school and farms where you can purchase farm fresh locale produce is only a short drive out. A unique opportunity for developers or private investors. A paradise for hunters, anglers, nature lovers and for everyone who is looking for a large retreat in a wildly romantic natural location and still doesn't want to be far from amenities. (id:39198)
Location
Province
Nova Scotia
City
Pondville
Address
Middle Road
Postal Code
B0E1K0
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
$695,000
Asking Price
$695,000
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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