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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,899,000
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
Attention to all Equestrians. Have you been looking for that property where you could operate your own equestrian centre and also build your principal residence, here it is. Now offering this 64 +/- acre parcel located next to Harbourwood Estates in central Oro-Medonte. This property is already improved with a 9,100 +/- sq. ft. indoor riding arena perfect for year-round business. Complete with stalls, viewing / tack room, feed storage and large riding arena, just turn on the lights. In addition, there is a separate barn for additional storage, existing trails, past paddocks / pastures. A separate and secluded section, apart from the arena centre, which would be ideal for you residential build. One seller is a registered real estate broker. **** EXTRAS **** NONE (id:39198)
Location
Province
Ontario
City
Oro medonte
Address
Ptl 26 & Ptl 27 Con 7 Oro
Postal Code
L0L2E0
Location Highlights
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Listed by
RIGHT AT HOME REALTY 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
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Financial Information
Yearly Rate
$1,899,000
Asking Price
$1,899,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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