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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$165,000
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
One of three adjoining vacant lots for sale in a 5-lot subdivision located less than 1km off the paved HWY 670 in the Glen Leslie area, just 15 minutes east of Grande Prairie. Buy the lot, pick your plan, and choose your own builder. Approaches are in and power and gas are already on the lot. Lot 9 is 3.72 acres and backs onto Kleskun Creek. And with a lot for sale on each site of this lot, you could buy two and double up your land size or have your friend or family member purchase a property too so you can know who your neighbors will be! Lots are zoned CR-2. Take a drive out and have a look or contact your favorite Real Estate Professional for more information. (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
9 715049 Range Road 40
Postal Code
T8X4C2
Location Highlights
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Listed by
Royal LePage - The Realty Group 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
$165,000
Asking Price
$165,000
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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