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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$9,850,000
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
Lakefront residential development land in greater Edmonton - a gem in the booming market of Alberta. 122 acres sits on Big Lake Provincial Park with extensive lake frontage (-3,000 ft). City sewer line is on property, city water line is on the road south of the property. Gas line and power line are on neighboring properties. Anthony Henday Freeway is just a few minutes away. The Big Lake area is an upscale neighborhood. House with a price tag of $1 million or more are common in the area. The land is ready for a developer/investor with vision. Upside potential of the land is just as high as you can imagine. Listing associate has an interest in the property. (id:39198)
Location
Province
Alberta
City
Parkland
Address
Bevington Rd
Postal Code
T7Y1A7
Location Highlights
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Listed by
Sterling 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
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
$9,850,000
Asking Price
$9,850,000
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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