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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$147,000
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
Build your investment with this large, oversized lot that is ready to generate passive income. Located close to all amenities and within walking distance of transit, this property is perfectly situated for convenience and offers 9,768 Sq.Ft. of space for a great sized home with a detached Garage. A very spacious lot with tons of potential and nothing left to do but start building, this lot presents an incredible opportunity for savvy investors looking to capitalize on the rental market. Don't miss out on this chance to secure your financial future with this promising investment property. House is being demolished as it is uninhabitable. List price includes GST. (id:39198)
Location
Province
Alberta
City
Red Deer
Address
5806 57 Avenue
Postal Code
T4N4S4
Location Highlights
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Listed by
RE/MAX real estate central alberta 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
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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
$147,000
Asking Price
$147,000
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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