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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$449,900
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
Prime Development opportunity in West Hills for an investment opportunity close to massive hospital renovation/expansion coming to the Victoria Hospital in Prince Albert. This 3.95 acre lot is zoned with a Future Urban Development (FUD) zoning which leaves it open to a range of options for the purchaser, from multifamily apartment units, condos or commercial retail, or a combination of these. This lot has 243 feet of frontage 28th St. W which is the main vein of the city to access to hospital and Alfred Jenkins field house. Development already taking place in this area as the enormous opportunity is being recognized. Call your Realtor today and don't miss this opportunity. (id:39198)
Location
Province
Saskatchewan
City
Prince Albert
Address
850 28th Street W
Postal Code
S6V6Z7
Location Highlights
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Listed by
RE/MAX P.A. Realty Saskatchewan 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
$449,900
Asking Price
$449,900
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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