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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$775,000
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
Welcome to an acreage in the city backing onto the Red Deer River. This massive 1.2 Acre lot with mature trees is a truly unique find. Nestled at the end of a very private and exclusive close. This is the perfect spot for a remarkable estate home. Follow the trail system to great amenities like Heritage Ranch, or the new capstone area, or connect to paths all over Red Deer. The sun loves shining in on this oasis of a spot, and you will not feel like your in the city! This land is destined to build Dreams. (id:39198)
Location
Province
Alberta
City
Red Deer
Address
20 Cronquist Close
Postal Code
T4N1E3
Location Highlights
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Listed by
Realty Experts Group Ltd 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
$775,000
Asking Price
$775,000
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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