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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$84,900
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
GULL LAKE IS CALLING! Dont miss out on these one of kind lots that allow you plenty of options!! Whether you are are building your Dream home, Dream Cottage at the lake, Or want just want a quiet place to bring your family and RV these lots will accommodate! This unique development has a multitude of opportunity's available in their Land use bylaws. With Approval you can have up to 3 recreational units per lot& accessory buildings, Tourist homes , Bed and Breakfasts., secondary suites. This development is Part of the Summer Village of Parkland Beach rich in activity's and community spirit. The many amenity's are just a short stroll or Bike ride to the Lake /Beach , the well known Par 3 -9hole Gull Lake Golf course, The Marina (Boat Launch) Gas Station and Beach Store, Community center and playgrounds. Gas and power have been brought to the lot line. Each lot is responsible for their own water and septic as per land use bylaws. Gull Lake is one of our largest lakes in Central Alberta spanning aprox 31 sq miles, it is centrally located between Edmonton and Calgary and well known for both winter and Summer activity's. (id:39198)
Location
Province
Alberta
City
Parkland Beach
Address
5 Aspen Lane
Postal Code
T0C2J0
Location Highlights
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Listed by
Royal Lepage Network Realty Corp. 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
$84,900
Asking Price
$84,900
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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