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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$566,000
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
This is a truly unique chance to own 20 acres on the east side of Sundre, located within town boundaries yet offering the feel of a private retreat. Zoned Urban Reserve, the property provides flexibility with permitted uses that include agricultural and farming operations - ideal for a hobby farm, small acreage lifestyle, or a long-term investment with future development potential. It is within walking distance to the river and nature trails. Fully accessible from River Road with direct pavement access. Fenced on three sides with plenty of level ground. While the parcel is not currently tied to town services, you are permitted to drill your own well and install a septic system, making acreage living simple and self-sufficient. This property offers the best of both worlds: room to breathe and enjoy country style living, all while being inside Sundre's town limits. Whether you want to start your hobby farm now or hold it as a future investment, this is an opportunity that rarely comes along. Bonus: An additional 38.08 acres within Sundre town limites is also available (MLS# A2258249) for those seeking more land or larger-scale investment potential. Don't miss your chance - 20 acre parcels like this, within town, are almost impossible to find! (id:39198)
Location
Province
Alberta
City
Mountain View
Address
3-33-5 W5
Postal Code
T0M1X0
Location Highlights
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Listed by
REMAX ACA 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
$566,000
Asking Price
$566,000
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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