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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$189,900
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
Nestled in the southeast corner of Grande Prairie, this expansive vacant lot is a canvas for your home dreams. Boasting a captivating backdrop along Bickell's Pond, the panoramic southern views will leave you breathless. Immerse yourself in the tranquility of this location, as it seamlessly merges with green spaces and serene walking trails. Set amongst the tapestry of large, luxury modern homes, this .6947sqft gem offers ample space to craft your ideal oasis. With a subtle slope that may accommodate a walkout basement, if important, please confirm with your builder of choice! Additionally, please note that subdivision restrictive covenants do apply, ensuring the preservation of the area's integrity. Seize the opportunity to build your vision in this idyllic quiet setting. Please note that GST may be applicable. (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
8809 59 Avenue
Postal Code
T8W0J9
Location Highlights
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Listed by
RE/MAX Grande Prairie 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
$189,900
Asking Price
$189,900
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
N/A
Market Competition
N/A
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