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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$110,000
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
Here is a property that does not come along often!! This fully serviced lot in the West Park area of Drayton Valley Alberta has full utilities and is ready for your new home or mobile! Enjoy owning your own lot and NO pad rent!! OR leave it as an investment opportunity as a rental property for someone to move their new home onto and collect an income!! Until recently the current owner has rented the lot for a monthly income of $400.00. This is a Fantastic location that is close to a PARK, the DOG PARK, the OMNIPLEX and the NEW POOL plus it is within walking distance to downtown!! The lot is situated on a paved street with on street and off street parking and the convenience of back alley access. Whether you are wanting an affordable income property with no building maintenance or a place to call home..... this is worth looking into! (id:39198)
Location
Province
Alberta
City
Drayton Valley
Address
5412 47 Av
Postal Code
T7A1K7
Location Highlights
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Listed by
RE/MAX Vision 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
$110,000
Asking Price
$110,000
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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