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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$605,000
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
Welcome to ELKSTONE ESTATES (Lot #3) in the picturesque Bearspaw area. This is your chance to embrace peaceful country living while staying conveniently close to city amenities. Situated on a quiet cul-de-sac, this 2-acre lot offers a tranquil setting with open spaces, a paved road, and underground services right to the property line (including Power, Gas, and Rocky View Water Co-op). You’re free to build your custom home with the builder of your choice. Thoughtfully crafted Architectural Guidelines help maintain the integrity and long-term value of the community. Come check out the property and see for yourself what makes this new Bearspaw development so special. Bonus for builders: 4 lots currently available in this desirable rural location. (id:39198)
Location
Province
Alberta
City
Rocky View
Address
Elkstone
Postal Code
T4C2Y8
Location Highlights
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Listed by
RE/MAX House of Real Estate 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
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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
$605,000
Asking Price
$605,000
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)
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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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