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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$89,900
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
Build your dream home or lake getaway on this beautifully treed lot backing onto a peaceful ravine. Enjoy privacy, natural surroundings, and the flexibility of a walk-out design in a truly sought-after location. Services are conveniently located at the property line, making development simple and straightforward. Whether you’re envisioning a cozy cabin or a custom family home, this lot offers endless potential. Located within walking distance to the charming Village of Pigeon Lake, you’ll love easy access to shops, dining, and everyday amenities. The lake is just a short stroll away, offering year-round recreation and lake-life enjoyment. A rare opportunity to create your ideal retreat in a quiet, scenic setting close to it all. (id:39198)
Location
Province
Alberta
City
Wetaskiwin
Address
6th
Postal Code
T0C2V0
Location Highlights
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Listed by
Royal Lepage Parkland Agencies 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
$89,900
Asking Price
$89,900
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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