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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$185,000
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
The photos shown here really do not do justice to all this property has to offer – especially with the SOUGHT AFTER OPPORTUNITY TO OWN THE NEIGHBORING PROPERTY AS WELL ~ 15 Horse Shoe Lane, MLS A2139629 (.44 acres) ~ which makes this an IDEAL MULTI FAMILY GET AWAY! Escape the hustle and bustle and make your summer vacation dreams come true. There’s more than enough room for friends and family to enjoy as it boasts 3 FULL RV HOOK UPS (1 permanent & 2 guest) for campers. But it doesn’t stop there. There is a large gravel pad area as you first drive up. The yard area is at the rear side of the lot, along the municipal tree line, which gives a wide open, big sky above you kind of feeling and yet there is a sense of privacy. There’s a PLUMBED in BATH HOUSE WITH ELECTRICITY, FLUSH TOILET, BATHTUB, SINK, WASHER & DRYER and a good start to a KITCHEN SHACK to make your entertaining easy and comfortable. There is NATURAL GAS TO THE PROPERTY LINE, a total of 4 moveable out buildings, 3 water hydrants, and a DRILLED WATER WELL, SEPTIC HOLDING TANK (2,000 gal) & ELECTRICITY on this landscaped & partially fenced lot. The little ones they will enjoy playing in their own personal playground, a hidden children’s fairy garden in the trees, plant a vegetable garden and have tons of grass to run and play. Use this land as it is for a seasonal getaway or build your permanent country home! The White Sands community of Buffalo Lake offers 9 beach access points for both Summer & Winter outdoor activities –Various Summer water sports ~ fishing ~ walking/biking pathways ~ community hall ~ basketball, tennis & pickle ball courts ~ snowmobiling ~ cross country skiing ~ ice skating ~ CENTRAL ALBERTA nature lover’s paradise! There are also many community events to take part in, including a Canada Day parade that goes right past this property which the family is sure to love! The Summer Village of White Sands is about 20 minutes from Stettler ~ about an hour from Red Deer ~ 2 to 2 and a half hours from Calgary or Edmonton. (id:39198)
Location
Province
Alberta
City
White Sands
Address
17 Horse Shoe
Postal Code
T0C3B0
Location Highlights
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Listed by
2 Percent Realty Advantage 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
$185,000
Asking Price
$185,000
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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