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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,250,000
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
Turn-key 58.5-acre Residential Development Parcel with 296 residential single and muti-family lots remaining to be built out. Hazelwood Estates is the Premier Community in Innisfail that is an integral part of Innisfail’s North Area Structure Plan (NASP) that town council is focused on growing. Innisfail is an Energized Community, and this development allows you to start building immediately. This parcel features the new school site with Executive lots backing onto the Prestigious Innisfail Golf Club and Dodds Lake. Located just 20 minutes from Red Deer and 60 minutes to Calgary, Innisfail is a hot bed for extensive growth. Transpod is expected to build the Calgary to Edmonton Hyper Loop, with a CONFIRMED stop in Red Deer. De Haviland’s new aircraft manufacturing facility is just east of Calgary and Walmart’s 430,000 sq ft fulfillment center in Rocky View is all being accompanied by many other projects underway and coming Alberta’s way. Innisfail is poised to be a Big Part of Alberta’s Expanding Future. (id:39198)
Location
Province
Alberta
City
Innisfail
Address
6470 Cedar Way
Postal Code
T4G0A5
Location Highlights
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Listed by
CENTURY 21 ALL STARS 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
$3,250,000
Asking Price
$3,250,000
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.
N/A
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
N/A
Market Competition
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