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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$114,600
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
Nestled in the serene countryside, Cherry Park Heights provides residents with a peaceful environment while still being conveniently close to the City of Cold Lake. This 1.94 acre lot offers ample space for building your dream home, giving you the opportunity to design and create a personalized sanctuary amidst nature. With underground power already serviced to the property line, you can enjoy modern conveniences while still embracing the tranquility of rural living. Whether you're looking to escape the hustle and bustle of city life or seeking a vibrant community atmosphere, Cherry Park Heights offers the best of both worlds.The Cherry Grove Recreation and Agricultural Society offers a unique blend of amenities, including a rodeo grounds, community hall, and outdoor ice rink, making it an ideal place for families and individuals who enjoy both recreational activities and community engagement. (id:39198)
Location
Province
Alberta
City
Bonnyville M.d.
Address
0 0
Postal Code
T0A0T0
Location Highlights
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Listed by
Coldwell Banker Lifestyle Alberta listing
Category
Property Information
Premise Status
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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
$114,600
Asking Price
$114,600
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
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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