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Benefits
Asking Price
$189,000
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
This extra-large lot in Mabou is a rare find, offering a developed and ready-to-build space with fabulous views of the mountains and river. If you're looking for a place to build your dream home or a large retreat, this property is ideal. Located on the West side of the harbour, this lot provides a peaceful and quiet neighborhood setting, perfect for those seeking tranquility and privacy. The picturesque views of the mountains and river add to the natural beauty of the surroundings, creating a serene atmosphere. This property is especially suitable for families looking to build two homes, as there is ample space to accommodate multiple dwellings. Alternatively, if you're simply seeking a large retreat, this lot provides plenty of room to construct a spacious and comfortable residence. One notable aspect of this area is the presence of restrictive covenants, which serve to protect your investment. These covenants ensure that the neighborhood maintains its appeal and value over time, providing you with peace of mind and confidence in your purchase. Enjoy the Celtic music, the friendly people and the easy lifestyle. Don't miss the opportunity to explore this exceptional land for sale in Mabou. With its developed status, breathtaking views, and potential for family homes or a large retreat, this property is worth checking out. Contact us today to schedule a viewing and see for yourself why this lot will not disappoint. (id:39198)
Location
Province
Nova Scotia
City
West Mabou
Address
Off Little Mabou Road
Postal Code
B0E1X0
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
$189,000
Asking Price
$189,000
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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