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Retail Property For Sale at 71 & 84 GOLF COURSE RD in Armour, Ontario

4 Sale ID #221149
Updated 07 May 2024

Asking Price

$2,800,000

Cap Rate help 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

Amazing Opportunity To Live, Work And Play! The Almaguin Highlands Golf & Country Club Is A Beautiful 90.44 Acres With 70 Acre Waterfront 9 Hole Par 35 Golf Course On Hwy 11 Just North Of Huntsville & Roughly 2.5 Hours North Of Toronto. The Property Also Features A Club House, A Lovely Home, And Rv Park/Camp Grounds. Lots Of Beautiful Canadian Wildlife Can Be Spotted Throughout The Course And Grounds. Be Sure To Check Out The Course's Signature Hole 3, A 157 Yard Par 3 Across The Magnetawan River! Complete package includes 13.4 Acres With 2 Homes On Separate Lot (Included) or Both Can Be Bought Separately. 104.28 Acres Total. **** EXTRAS **** Golf Course Only MLS: X7394494 & 40526918 (id:39198)

  • MLS® : #X8195650
  • Date Listed : 02 Apr 2024

Location

Province

Ontario

City

Armour

Address

71 & 84 Golf Course Rd

Postal Code

P0A1L0

Location Highlights

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Listed by

ROYAL LEPAGE RCR REALTY Ontario listing

Category

retail-properties

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$2,800,000

Asking Price

$2,800,000

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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