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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$229,999
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
For more information, please click on View Listing on Realtor Website. Lakeside living at its finest!! Scenic Residential Lot with a Lake View - Build Your Dream Home! Don't miss this rare opportunity to own a beautiful vacant residential lot in a quiet small-town setting, complete with breathtaking views. Whether you are looking to build your forever home or invest in land with future potential, this property is the perfect canvas. The Lakes community is a 10 minute commute from St. Albert's northern borders. Accessed from highway 2. This property's location surrounds a serene and picturesque lake, and is within walking distance from the amenities a family requires including schools, walking trails, and a new leisure center in Morinville. Do not miss out! (id:39198)
Location
Province
Alberta
City
Morinville
Address
107
Postal Code
T8R0C7
Location Highlights
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Listed by
Easy List 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
$229,999
Asking Price
$229,999
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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