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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$32,000
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
This pristine residential lot, nestled within the serene confines of the Whispering Greens community in the charming Town of Vulcan, offers a prime opportunity for idyllic living. Boasting a picturesque backdrop overlooking the lush fairways of the esteemed Vulcan Golf Course, this property epitomizes tranquility and natural beauty. Situated within a well-established neighbourhood renowned for its peaceful ambiance and friendly community atmosphere, this lot presents an ideal canvas for crafting your dream home. Architectural guidelines are applicable. Residents can indulge in leisurely rounds of golf just steps from their doorstep, immerse themselves in the pristine natural landscapes that surround the area, or explore the small town living, which includes downtown shopping, restaurants, schools, hospital, and recreational facilities. Whether you're seeking a serene retreat away from the hustle and bustle of city life or yearning for a dynamic community where neighbours become friends, this residential lot in Whispering Greens offers the perfect setting to create lasting memories and embrace the quintessential essence of countryside living. This property is part of the Whispering Greens Homeowners Association. Homeowner fees will start once the house is built. (id:39198)
Location
Province
Alberta
City
Vulcan
Address
629 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
$32,000
Asking Price
$32,000
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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