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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$25,000
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 highway property near the main entrance of Castor? Well here it is, located on the north side of highway 12 and is directly across from the local motel. The town creek goes through the property, with approximately 20 feet of land on the east side. This property may be ideal for the investor needing some land in Castor for either a commercial build or a residential build. No utilities on property. Frontage is 330 ft by depth of 130 ft. Zoned Highway Commercial. Seller will not finance buyer. (id:39198)
Location
Province
Alberta
City
Castor
Address
48
Postal Code
T0C0X0
Location Highlights
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Listed by
Sutton Landmark 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
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
$25,000
Asking Price
$25,000
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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