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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$567,000
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
Looking for an investment or business opportunity? Here is a potential MULTI-FAMILY HOUSING DEVELOPMENT SITE in the fast-growing community of Olds, Alberta. Olds is centrally located between Calgary and Red Deer and serves many of the surrounding communities as well as Mountain View County. This property features a great central location in a new developing area, approx. 1.08 acres, fully serviced site. Benefits include no business tax, lower lot price than surrounding cities, high traffic area, close to shops and restaurants, easy access to all the amenities provided in the Town of Olds, close proximity to nearby recreational areas and minutes off major highway QE2. See brochure for further information. Note: Adjacent lots also available for sale. (id:39198)
Location
Province
Alberta
City
Olds
Address
4555 51 Avenue
Postal Code
T4H1J1
Location Highlights
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Listed by
RE/MAX ACA 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
$567,000
Asking Price
$567,000
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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