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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$125,000
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
Prime opportunity to build a duplex in the highly sought-after Tri City Estates! This expansive pie-shaped lot, zoned R2, offers a fantastic location backing onto luxury single-family homes. Enjoy the tranquility of a quiet neighborhood while still being in close proximity to shopping centers, banks, schools, restaurants, the Energy Center, Portage College, and playgrounds. This is not just a property; it's a sound investment in a growing and desirable community. Take advantage of this chance to create a valuable duplex in a location that combines residential charm with convenient access to essential amenities. (id:39198)
Location
Province
Alberta
City
Cold Lake
Address
6804 Tri City Wy
Postal Code
T9M1N2
Location Highlights
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Listed by
Coldwell Banker Lifestyle 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
$125,000
Asking Price
$125,000
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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