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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$220,000
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
Experience the best of country living with this stunning property offering fabulous western views and easy highway access. Zoned for agriculture, it's perfect for livestock and your new hobby farm. All your country lifestyle dreams can come true.The long, narrow driveway maximizes the allotted acres for your yard, building spot, and setback from the highway,. This property borders Section 19-35-23-4 GRL Government Grazing Lease. The open pasture surrounding the acreage is protected by a conservation easement that restricts future development and cultivation. If private country living with a view and a place for your animals is your priority, this is the place for you. Enjoy the convenience of being just 30 minutes from Red Deer, 5 minutes from schools and shopping in Elnora, and 10 minutes north to Delburne. Power is available at the highway property line and water wells in this area show good quality and supply. (id:39198)
Location
Province
Alberta
City
Red Deer
Address
35626 Highway #21 Highway E
Postal Code
T0M1K0
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
$220,000
Asking Price
$220,000
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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