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Land For Sale at 4721 49 Avenue in Lacombe, Alberta

4 Sale ID #269316
Archived 03 Sep 2024

Asking Price

$140,000

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

Lot Size

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Building Size

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Premise Summary

Versatile property, R5 zoning opens doors to a wide range of housing options. Considering a multi-family dwelling like apartment housing, multi-attached, multi-housing development, fourplex, or tribal-plex. There was an approved application for a Tri-Plex which has since expired and would require a new submission. The house has been vacant for several years, property is priced as is. House has newer windows, shingles, and siding in the last 10 years, so may be a tear down or a fixer upper depending on buyers. (id:39198)

  • MLS® : #A2109917
  • Date Listed : 08 Mar 2024

Location

Province

Alberta

City

Lacombe

Address

4721 49 Avenue

Postal Code

T4L1H9

Location Highlights

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Listed by

eXp Realty Alberta listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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

$140,000

Asking Price

$140,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A

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