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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$379,000
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 parcel has tremendous appeal - as a potential resort location or as a quiet private retreat - it is truly a stunning site! Consisting of 32 acres of forested land, featuring 8,550 ft of waterfront right on the Atlantic Ocean, a salt water pond and a fresh water private lake, with a peninsula lined with beath-taking beaches, creating a sheltered harbour, ideal for nature enthusiasts. Only a ten minute drive to the town of St Peter's or a five minute walk to the gorgeous beach at Grand Greve. A uniquely qualified development opportunity that combines peace and quiet with ample local amenities close by (shopping, services, dining, recreation, hospital). Cape Breton Island has been rated one of the Top 10 Island Destinations by Condé Nast Traveler. Come see what the talk is all about with this prime location! (id:39198)
Location
Province
Nova Scotia
City
Rockdale
Address
Three Island Cove Road
Postal Code
B0E3B0
Location Highlights
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Listed by
Engel & Volkers 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
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 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
$379,000
Asking Price
$379,000
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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