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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$449,900
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
N/A
Premise Summary
Equestrian paradise awaits at the renowned Eastwood Stables. This turnkey facility is a dream come true for horse enthusiasts, boasting an impressive 80x200 indoor riding area and 30 spacious box stalls. With 8 large paddocks and 2 small paddocks, your horses will have ample room to roam and graze in the picturesque surroundings of this 5.85-acre property. This property offers a separate driveway at the back, providing privacy and the opportunity to build your dream home. Imagine waking up every morning to breathtaking views and enjoying the tranquility that comes with owning your own piece of equestrian heaven. In addition to its exceptional facilities, Eastwood Stables features a large outdoor riding ring where you can practice your skills or host exhilarating events. Previously used for lessons, training sessions, and as the esteemed venue for numerous Trillium Horse Show events. Don't miss out on this extraordinary opportunity to embrace your passion for horses. Whether you're an experienced rider or simply appreciate the beauty of these majestic creatures, Eastwood Stables offers everything you need to create lasting memories in a country setting. (id:39198)
Location
Province
Ontario
City
Powassan
Address
1604 Memorial Park Drive
Postal Code
P0H1Z0
Location Highlights
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Listed by
ROYAL LEPAGE REALTY TEAM BROKERAGE Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
N/A
Financial Information
Yearly Rate
$449,900
Asking Price
$449,900
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.
N/A
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.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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