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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$121,900
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
Picture yourself here...It's a Beautiful Summer Evening.. the sun is setting and you are in your backyard with your feet up at #20 Village Creek Estates! This Spot really is as Perfect as it Sounds!! This elevated, level lot with services at the property line is ready for your Building plans! Nestled along the trees above a natural ravine this Piece of Paradise is patiently waiting for you to develop! Ideally Located close to the Village at Pigeon Lake, with Unique Shops, A Spa, Quaint Inn, Groceries, A Brewery, Ice Cream, Liquor Store, Post office and Bank! It's all Here!! Walk to Mini Golf, Black Bull golf course or several kms of walking trails taking you deep into nature! Excitement can be felt here with some new builds and warm, friendly neighbors!! The adjacent lot #19 is also available for purchase! (id:39198)
Location
Province
Alberta
City
Wetaskiwin
Address
20 Village Creek Estates
Postal Code
T0C2V0
Location Highlights
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Listed by
MaxWell Progressive 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
$121,900
Asking Price
$121,900
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
N/A
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