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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,149,900
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
Lot Size
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Building Size
N/A
Premise Summary
Welcome Home to the beautiful Equestrian Homestead nestled in the rolling fields of Powassan. This property boasts nearly 55 acres mix of Pasture and Wooded area, Large 31' X 132' fully insulated & radiant propane heat in Barn & Tack room/washroom, with Large feed room, 15 stalls/ one large box stall for 4 horses/ possible to house 24 horses, 68' X 132 Indoor riding arena, outdoor riding arena, outdoor riding pen, 15 & 20 acre paddocks/separate gated entrances/fenced with wooden & metal posts fully electric. Four Large outdoor shelters, open field and bush trails on the property. The Main 2 Bedroom + den and full bath home was built in 2014 and boasts all the luxury needs for the farming life down time. The barn has a loft in-law suite with a view, and a 2021 built guest house is a quick getaway or lovely space for a multigenerational family. The 2022 concrete slab patio and large above ground pool with decking all overlooks the hilly pasture. This income generating farm is sure to impress, book your private tour to see this unique fully outfitted Equestrian dream. (id:39198)
Location
Province
Ontario
City
Powassan
Address
233 Boundary Road
Postal Code
P0H1Z0
Location Highlights
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Listed by
Royal LePage Northern Life Realty, 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
1,435
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
N/A
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
$1,149,900
Asking Price
$1,149,900
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,435
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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