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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$49,000
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
Contractors dream - Here is a large 70x150 fully serviced residential lot in a mature neighborhood in Elk Point. The land is level and would be an ideal spot to build a new home or a duplex as it is zoned R2 or bring in a RTM. Be within walking distance to the Elk Point Health Center, Heritage Lodge, Elk Point Library and just another block to shopping and schools PLUS its in close proximity to the walking trail. Available for immediate possession - get building today!! (id:39198)
Location
Province
Alberta
City
Elk Point
Address
5330 49 Av
Postal Code
T0A1A0
Location Highlights
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Listed by
Property Plus Realty Ltd. 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
$49,000
Asking Price
$49,000
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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