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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$38,000
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 great opportunity to own a lot in a community on a beautiful 18 hole golf course! That property is right here, ready for you to build your dream home, which is part of the Whispering Greens Home Owners Association. The HOA fee is applicable once you have built. Lawn maintenance and snow removal are covered with the HOA fee. This could come in handy, especially if you want to travel. There are no building commitments. Along with the golf course, the Town of Vulcan has many amenities including a hospital, paved walking path, new seasonal swimming pool, and other recreational facilities. Surrounding lakes include McGregor Lake, Twin Valley Reservoir, and Little Bow Provincial Park. The City of Lethbridge is about 100 km to the south, the City of Calgary is about 120 km to the north, and the majestic Rocky Mountains are to the west. (id:39198)
Location
Province
Alberta
City
Vulcan
Address
622 Whispering Greens Avenue
Postal Code
T0L2B0
Location Highlights
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Listed by
MAGNUSON 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
$38,000
Asking Price
$38,000
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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