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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,000
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
Developers have a look at this 15.05 acres m/l of General Residential District (R2) land located in the thriving Town of Sundre, Alberta. The zoning allows for a multitude of permitted and discretionary uses. (see attached documents from Town of Sundre). The property is located the SW area of town directly west of a Seniors Supportive Living Center. The Town of Sundre is the gateway to the west country known for its abundance of wildlife, fishing, hunting and other recreational activities. The town itself has many amenities including a hospital, schools, recreation centers, swimming pool and shopping. There is a strong need for residential housing options within the community so there are many opportunities for investors/developers for this prime piece of land. (id:39198)
Location
Province
Alberta
City
Sundre
Address
6 Street
Postal Code
T0M1X0
Location Highlights
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Listed by
WIDMER 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
$649,000
Asking Price
$649,000
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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