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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$194,900
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
Only 5 lots left! This is an exceptional opportunity to build your dream home on a beautiful acreage just 5 minutes west of Grande Prairie. The rolling terrain of the land provides added character, lots are all in grass and ready to mow, and offer potential for walkout basements. The lots are zoned CR-3, which allows for a variety of residential uses and restrictive covenants will keep the subdivision looking great for years to come. This is the perfect scenario for those looking to build a new home with more space and privacy. Properties are fully fenced and power and gas are to the property line, making these ready for immediate development. But that's not all, these acreages offer breathtaking views of the Grande Prairie skyline, the majestic Rocky Mountains and miles of picturesque farmland. Imagine waking up to the beautiful scenery every morning and enjoying the stunning views from your own backyard. This subdivision is truly one of a kind and offers the perfect combination of peaceful rural living with the convenience of being close to all the city amenities. Come have a look today and take the first step towards owning your piece of paradise. Contact your realtor for more details. (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
38 713019 Range Road 71
Postal Code
T8W5E9
Location Highlights
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Listed by
Royal LePage - The Realty Group 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
$194,900
Asking Price
$194,900
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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