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Land For Sale at 86 Acres On Highwood Rive E- 16-21-28 W4 in Foothills, Alberta

4 Sale ID #159738
Updated 02 May 2024

Asking Price

$995,000

Cap Rate help 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

Family fun and a great holding property. Check out this prestigious Highwood river front property, only 15 minSouth of Calgary. Yes - you can own 86 acres of stunning Alberta Foothills with the clear, cool, Highwood River meanderingthrough rolling ranchland, willow and waterfront. So diverse with hilly, treed coulees, open rangeland, large ponds forwatering livestock, across the top, 10 acres of rich, cultivated farmland, and dramatic Sandstone cliffs, towering over the sparkling clear river. So many views of the mountains and the whole river Valley. Wildlife is abundant. Located just south of the Davisburg bridge. Just 9 km away, from the Heritage Heights school and Scott Seaman Arena plus only 20 km to Okotoks, or South Campus Hospital in Calgary . Whether a holding property, or a weekend getaway , this gorgeous river front land is a great place for your active family to enjoy in a secure investment. Please do not enter property without permission. The List Price does not include GST. In the event that GST is payable and the Buyer is not a GST registrant, then the Buyer shall remit the applicable GST to the Seller’s lawyer on or before Completion Day. Proper permits required for any development. (id:39198)

  • MLS® : #A2081265
  • Date Listed : 15 Sep 2023

Location

Province

Alberta

City

Foothills

Address

86 Acres On Highwood Rive E- 16-21-28 W4

Postal Code

T0L1B0

Location Highlights

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Listed by

Coldwell Banker Mountain Central Alberta listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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

$995,000

Asking Price

$995,000

Cap Rate help 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 help 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 help 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 help 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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