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Land For Sale at 6 Mintlaw Bridge Estates Township Road 3 in Red Deer, Alberta

4 Sale ID #193854
Updated 03 May 2024

Asking Price

$314,900

Cap Rate help 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

Only minutes West of Red Deer all on pavement- the new acreage subdivision Mintlaw Bridge Estates. A small enclave of 17 estate style country residential lots to choose from. Choose your own builder (or build it yourself)! Electric and gas lines are right to your property line. The developer has run fibre optic conduits to each property line as well. The test well shows approx 4 gallons per minute. Septic and well are buyer's responsibility. Prices are plus GST. Taxes are not yet assessed for each lot. (id:39198)

  • MLS® : #A2100463
  • Date Listed : 08 Jan 2024

Location

Province

Alberta

City

Red Deer

Address

6 Mintlaw Bridge Estates Township Road 3

Postal Code

T4E2E1

Location Highlights

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Listed by

Century 21 Maximum Alberta listing

Category

land

Property Information

Premise Status

N/A

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$314,900

Asking Price

$314,900

Cap Rate help 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.

N/A

NOI help 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 help 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 help 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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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