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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$155,000
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
Come live by the lake! This 0.38 acre lot in Moonlight Bay is fully treed, and offers you the chance to develop it to your tastes with no architectural controls! Due to its convenient DOUBLE-LOT location, the potential exists for multiple access points onto the property depending on your vision. Whether you choose to keep the lot treed, or clear it all away – the choice here is yours. Wabamun Lake offers endless recreational opportunities which include fishing, ice fishing, swimming, watersports, sailing, sledding, & cross-country skiing – you name it, you can do it here. The shores of the lake are just a few steps away, while the provincial boat launch is conveniently located just down the road. With easy access to Hwy 16, this lot is only 20 mins from Spruce Grove & 35 mins from Edmonton’s city limits on PAVED roads, making it the perfect spot for a weekend escape or vacation retreat. (id:39198)
Location
Province
Alberta
City
Parkland
Address
Rge Road
Postal Code
T0E2K0
Location Highlights
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Listed by
RE/MAX PREFERRED CHOICE 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
$155,000
Asking Price
$155,000
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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