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Land For Sale at 368 W 1 Avenue in Magrath, Alberta

4 Sale ID #244617
Archived 15 Jun 2024

Asking Price

$74,900

Cap Rate help 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

If you’re looking for a large lot to build or move your dream home on to, you just found it!! This lot is over a third of an acre and is fully serviced including an irrigation water hook up! Located in the small town of Magrath, just 20 minutes from Lethbridge, this property could be a fantastic place for you to call home and get out of the hustle and bustle of city life! (id:39198)

  • MLS® : #A2100106
  • Date Listed : 06 Jan 2024

Location

Province

Alberta

City

Magrath

Address

368 W 1 Avenue

Postal Code

T0K1J0

Location Highlights

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Listed by

Grassroots Realty Group Alberta listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$74,900

Asking Price

$74,900

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A

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