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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$310,000
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
This remarkable 2.5-acre parcel provides an ideal canvas for building your dream home – with room for a shop – just minutes to Blackfalds and Red Deer. You'll relish the best of both worlds – the charm of country living coupled with easy access to modern amenities. Nestled between Blackfalds and Red Deer, and a short distance from the Red Deer River, this acreage subdivision promises not only a home but a community with friendly neighbors, room for expansion, and a tranquility rarely found in urban settings. Take charge of your vision by selecting your preferred builder and crafting a family haven tailored to your exact specifications. Surrounded by natural beauty, including majestic trees, sprawling fields, scenic walking paths, and unparalleled views, Burbank Heights exudes contentment. Your haven awaits in this idyllic acreage development – Burbank Heights, where space meets nature in perfect harmony. (id:39198)
Location
Province
Alberta
City
Lacombe
Address
9&10 120 Burbank Road
Postal Code
T0M0J0
Location Highlights
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Listed by
RE/MAX real estate central alberta 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
$310,000
Asking Price
$310,000
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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