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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$69,900
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
Wonderful opportunity to build a NEW home in a mature neighbourhood! Build the perfect home for you and your family or seize the opportunity to own a lucrative, multi-family income property. Lot has been cleared and is ready for development. Located across the street from Elm Street School. R-LD zoning. Permitted uses - single family detached, duplex. Discretionary uses - Backyard suite, cluster housing, garages, home businesses, secondary suite. Drawings of some potential homes that could be built on this property are included in the photos. The options are endless on this lot! (id:39198)
Location
Province
Alberta
City
Medicine Hat
Address
1028 Elm Street Se
Postal Code
T1A1C3
Location Highlights
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Listed by
ROYAL LEPAGE COMMUNITY REALTY 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
$69,900
Asking Price
$69,900
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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