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BrokerStudio
Suite of tools & services
Benefits
Total income received prior to any expenses.
N/A
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Cash Flow 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)
Premises Size (square feet)
0Monthly Rent/Sq.Ft.
N/ASave this Listing
Go to Maps
Nestled along the picturesque shores of Salt Spring Island lies Lakeside Gardens Resort, a captivating property offering a wealth of possibilities. Positioned on the northern edge of St. Mary Lake, this expansive estate boasts panoramic lake vistas, abundant sunshine, and approximately 700 feet of accessible waterfront spread across 1.91 acres. The centerpiece of the property is a charming 3-bedroom, 2-bathroom principal residence, providing comfortable living quarters amidst the natural splendor. Complementing the main residence is a resort area featuring 13 portable family cabanas, 2 self-contained 1-bedroom cabins, 5 RV sites, and 5 tenting camp sites. The lake itself beckons with opportunities for fishing, sailboating, and swimming, offering endless recreational pursuits for guests to enjoy. The resort amenities include a bathhouse equipped with separate his and hers bathrooms, upper room storage, a dedicated check-in office, and much more, ensuring convenience and comfort for visitors.With a rich history dating back to 1960 (formerly known as Blue Gables Resort), Lakeside Gardens has established itself as a beloved destination, cherished by a loyal, multi-generational clientele. Offering significant business growth potential, this property presents a rare and enticing opportunity on the island—a chance to own a piece of paradise and continue the legacy of hospitality for generations to come. (id:39198)
Total income received prior to any expenses.
:
N/A
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
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
:
N/A
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