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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$54,900
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
This bare lot is ready for your new mobile home! Located in a quiet cul de sac just off of Spruce Drive, this lot is serviced with water, sewer, and power already brought in to where the home would be. The lot is quite flat with a cement driveway at the front. There are plenty of mature trees in the yard, keeping your home shaded in the summer. This property is close to the playground and green spaces. As per the Town of Stettler, the mobile to be put on this lot can be 8 years old as of the date of the development permit application, anything older than 8 years requires a Municipal Planning Commission approval as it is a discretionary use. This is a good opportunity because owned mobile lots are difficult to find in Stettler. (id:39198)
Location
Province
Alberta
City
Stettler
Address
6011 40 Avenueclose
Postal Code
T0C2L1
Location Highlights
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Listed by
RE/MAX 1st Choice 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
$54,900
Asking Price
$54,900
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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