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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$9,000,000
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
81 Acres. DEVELOPMENT LAND IN THE HIGHLY DESIRABLE AREA IN THE CITY of BEAUMONT. AREA STRUCTURE PLAN is APPROVED. 156 acres abutting on 50 st is zoned commercial and residential. This 81 acres is primarily zoned residential. The owner has completed numerous studies in preparation to apply for Neighbourhood Structure Plan. These studies are available to the purchaser. Irving Creek on the northern border, and a licensed waterway on the property. 50th street (hwy 814) is a new 4 lane hwy. Land can be sold separately or with the 160 acres to the west 4-24-51-1-NW Water and Sewer is on 50 st. 80 acres to the south has housing and commercial being built. To access maps and documents related to the ASP and NSP, you will find it at: www.beaumont.ab.ca/676/Le-Reve (id:39198)
Location
Province
Alberta
City
Beaumont
Address
A51069 Hwy 814
Postal Code
T4X0K4
Location Highlights
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Listed by
Homes & Gardens Real Estate Limited 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
N/A
Financial Information
Yearly Rate
$9,000,000
Asking Price
$9,000,000
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.
N/A
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
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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