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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$58,800
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 the most convenient features of the property is the power transformer pole that is already installed on the property. This means that you don't have to worry about setting up electricity, as it's already readily available for you to use. This feature is especially useful for those who want to build a cabin or set up an RV on the property. Speaking of RVs, the property also boasts a spacious gravel pad that's perfect for parking your RV or setting up a tent. This feature is a great addition to the property, especially for those who love to camp or want to enjoy the great outdoors. Finally, the property features an inviting fire pit area, perfect for relaxing and roasting marshmallows with friends and family. In summary, this .46-acre lake back lot is a true gem that's ready for you to move in and start enjoying. With its fruit trees, fenced perimeter, power transformer pole, RV gravel pad, and fire pit area, this property has everything you need to experience the beauty and tranquility of living in nature. (id:39198)
Location
Province
Alberta
City
Calling Lake
Address
3158 Corner Drive
Postal Code
T0G0K0
Location Highlights
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Listed by
ROYAL LEPAGE COUNTY 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
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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
$58,800
Asking Price
$58,800
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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