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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$900,000
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
OWN THIS 70.67-ACRE PRIVATE PIECE OF PARADISE BACKING ONTO THE GOLF COURSE IN SAPRAE CREEK. This exceptional parcel offers the only opportunity in the Fort McMurray area to create an expansive country estate for one or more families or subdivide into up to 33 individual lots. The scarcity of land of this size and flexibility makes it an unparalleled chance to secure the country-residential lifestyle you’ve been waiting for or the development opportunity. Nestled in a secluded and tranquil setting, this massive property sits within the close-knit hamlet of Saprae Creek—an area known for its peaceful atmosphere and robust, year-round outdoor lifestyle. Residents enjoy immediate access to a wide range of recreational amenities, including Vista Ridge, an all-season facility offering skiing, snowboarding, downhill tubing, a wild play element park, and extensive mountain biking and quadding trails in the summer.Nearby, Points West Trails provide a mix of motorized and non-motorized routes perfect for hiking, biking, and cross-country skiing. Local amenities include a playground, an Olympic-sized outdoor skating rink, a baseball diamond with bleachers, volleyball courts, and basketball nets. Golf enthusiasts will appreciate Rotary Links Golf Course, featuring an 18-hole, LeFurber-designed links-style course open to the public.Saprae Creek’s vibrant community spirit continues with extensive snowmobile trails, the nearby Clearwater Horse Club, and numerous special-interest and recreational groups offering yoga classes, family movie nights, and year-round community events. Whether you envision a grand private estate or a thoughtfully planned subdivision, this rare offering captures the best of country living with unmatched potential. (id:39198)
Location
Province
Alberta
City
Saprae Creek
Address
Community
Postal Code
T9H5B4
Location Highlights
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Listed by
COLDWELL BANKER UNITED 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
$900,000
Asking Price
$900,000
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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