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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
ONE OF A KIND PIE SHAPED 10,000 Sq. Ft. IN THE HEART OF ST. ALBERT! This rare find lot located in Forest Lawn located close to parks, ravines, and all levels of schooling! Walk to the FARMERS MARKET or hop on your bike for a quick ride to Fountain park pool and recreation centre. This lot is tucked away in a quiet mature neighbourhood filled with boulevard trees! With 56 feet of frontage, it has walkout potential or could work for a duplex! Build now and enjoy your new home on this beautiful tree lined street! (id:39198)
Location
Province
Alberta
City
St. Albert
Address
24 Falcon Cr
Postal Code
T8N1T9
Location Highlights
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Listed by
RE/MAX Elite 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
$299,900
Asking Price
$299,900
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
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