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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$86,000
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
Large Executive lot for sale at beautiful Lake Newell Resort. This superb location is only 10 minutes to the City of Brooks. Plenty of room to build on this large 0.31 acre lot to build your dream home. No Zero lot line here to worry about. You will enjoy year around living at Lake Newell, with great boating, fishing, swimming and winter activities on one of the largest lakes in Southern Alberta. The neighbors are pretty great also. You will love the relaxed lifestyle available here. Call today with any questions. (id:39198)
Location
Province
Alberta
City
Lake Newell Resort
Address
29 Kingfisher Estates Drive
Postal Code
T1R0X5
Location Highlights
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Listed by
CIR REALTY 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
$86,000
Asking Price
$86,000
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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