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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$10,999,900
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
Solid property for a developer! 140.25 +/- ACRES OF DEVELOPMENTAL LAND on the Northern Edge of the Town of Strathmore! Known as North Hill Heights, this area is IDEAL FOR RESIDENTIAL DEVELOPMENT. Please refer to the supplements for the Area Structure Plan and Lot Layout. With all the Strathmore amenities nearby, this makes for an amazing location for residential development. GST due diligence is required. (id:39198)
Location
Province
Alberta
City
Strathmore
Address
4400 Range Road 244
Postal Code
T1P1K1
Location Highlights
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Listed by
Real Broker 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
$10,999,900
Asking Price
$10,999,900
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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