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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$105,000
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
Escape the hustle and bustle of city life and embrace the beauty of nature with this acreage near Gull Lake. With 5.02 acres of land, you have the freedom to create your dream home and make it your personalized oasis. With Meridian Beach just under 4km away, you'll have easy access to a variety of outdoor activities including boating, paddleboarding/canoeing, fishing, and laying at the beach. But that's not all - this location also offers the perfect balance of country living and city convenience. Located 40 minutes from Red Deer and just over an hour from Edmonton, you'll have access to all the amenities and attractions of these vibrant cities. And with four smaller towns just 20 minutes away in any direction, you'll have plenty of options for shopping, dining, and entertainment. But perhaps the best part of this property is the peaceful and serene atmosphere. With wildlife, birds, and breathtaking sunrises and sunsets, you'll feel like you're living in your own private paradise. You may even catch a glimpse of the northern lights without any hindrance from light pollution! Don't miss this opportunity to create the home of your dreams in one of Alberta's up-and-coming summer destinations and start your journey to country living at its finest. (id:39198)
Location
Province
Alberta
City
Ponoka
Address
11 422073 Range Road 284
Postal Code
T4L2N3
Location Highlights
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Listed by
Royal Lepage Network Realty Corp. 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
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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
$105,000
Asking Price
$105,000
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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