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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$7,828,200
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
86.98 Acres. Located in the Horse Hills Area Structure Plan. Borders beautiful lands to the north, east and south which are intended to remain Privat per the Area Structure Plan. Quick Manning Drive access;9 minutes to Manning Town Centre, the Quarry Golf Course and Raven Crest; Walton, Qualico, MLC, and Cameron developments are working on the Marquis neighborhood minutes down the road. Municipal Address: 2710 195 Avenue NE, Edmonton, AB/Legal Address: 321037;1;1/Zoning (AG) Agricultural. Proposed Use: Residential. Information herein and auxiliary information subject to becoming outdated in time, change, and/or deemed reliable but not guaranteed. Buyer to confirm information during their Due Diligence. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
2710 195 Av Ne
Postal Code
T5Y6M4
Location Highlights
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Listed by
RE/MAX Excellence 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
$7,828,200
Asking Price
$7,828,200
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.
N/A
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
N/A
Market Competition
N/A
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