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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,695,000
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
N/A
Building Size
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Premise Summary
100 acre natural haven for the equestrian hobbyist. The property features a 3 bedroom, 2 bathroom bungalow with a partially finished basement and approximately 1200sq.ft. per level. On the main level, there is a kitchen, dining room, sunken living room, foyer/mudroom with laundry room, 3pc bathroom and 4pc bathroom, as well as the primary bedroom with walkout patio doors to deck overlooking an amazing pond stocked with fish, and 2 additional bedrooms. On the lower level basement, there is a rec room with a walkout to the side yard, office, utility room, and storage/workshop with the hydro breaker panel. The home has an attached 2-car garage and complete door and windows alarm system by BOLT Security Systems. This equestrian hobby farm has a purpose built steel faced coverall barn. With 4 large box stalls, plus grooming tie area, tack room, and spacious alley. All complete with solid wood paneling, concrete floor, hydro and water, as well as mezzanine storage. With fenced paddocks, approximately 15 acres are dedicated to grazing land, and the balance is mixed bush. Explore the tranquil property with trails throughout leading to the Beatty Saugeen River. This property has ownership of approximately 1300 feet of both shorelines of the river, with near 30 acres on the far side of the river as well. (id:39198)
Location
Province
Ontario
City
West Grey
Address
262194 Concession 18
Postal Code
N4N3B8
Location Highlights
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Listed by
WILFRED MCINTEE & CO LTD Brokerage (DUR) 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
1,950
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
N/A
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
$1,695,000
Asking Price
$1,695,000
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.
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.
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Premises Size (square feet)
1,950
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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