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Land For Sale at Highland Park in Drayton Valley, Alberta

4 Sale ID #214376
Updated 20 Jun 2024

Asking Price

$1,399,000

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

Highland Park! New subdivision within Drayton Valley town limits with access off the Ring Road (Range Road 73). Proposed to include maintenance free adult living villas as well as estate size residential lots ranging from 0.40 acres to 0.55 acres. Total parcel size is 23.05 acres. (id:39198)

  • MLS® : #E4329241
  • Date Listed : 28 Feb 2023

Location

Province

Alberta

City

Drayton Valley

Address

Highland Park

Postal Code

T7A1G5

Location Highlights

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Listed by

Century 21 Hi-Point Realty Ltd 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

$1,399,000

Asking Price

$1,399,000

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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