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Land For Sale at 53431 RR 154 in Minburn, Alberta

4 Sale ID #180399
Updated 04 May 2024

Asking Price

$179,900

Cap Rate help 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

Enjoy country living on this 10 acre mature acreage with an established treed shelter belt along the north west boundary. ready for your dream residence. The property features 3 drilled / bored water wells ( condition of wells unknown but they were functional 12 years ago ) located just south of old barn, power, a 45' X 90' metal clad Quonset, older garage, and miscellaneous out buildings. Gas is on the property line. The high land offers great building sites. NO restrictions, no timeline to build. Stick build, bring in a modular or mobile, or cut the grass and enjoy in your RV until you are ready. Minutes from Lamont, Mundare and Vegreville. Room for kids, toys, and hobby farm animals. School bus route. GST may be applicable. Priced to sell, and quick possession to plan your summer, and future . (id:39198)

  • MLS® : #E4365341
  • Date Listed : 15 Nov 2023

Location

Province

Alberta

City

Minburn

Address

53431 Rr 154

Postal Code

T9C1T6

Location Highlights

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Listed by

Royal LePage Gateway Realty Alberta listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$179,900

Asking Price

$179,900

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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