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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,900
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
Nestled just minutes from the vibrant town of Lac La Biche, this remarkable 111.2-acre property is a rare find that offers endless possibilities. With municipal sewer and water services conveniently nearby, it presents a fantastic investment opportunity for those looking to subdivide or develop residential lots. Picture your dream homestead in this breathtaking setting, where a serene stream gently flows through the land, providing a reliable water source. Half of the land is beautifully cleared, currently cultivated with hay, making it an ideal space for livestock, horses, or an eco-friendly hobby farm. Whether you envision a pastoral retreat, an investment in subdividable lots, or a homestead surrounded by nature, this property is the perfect canvas for your dreams. Don't miss the chance to own this slice of paradise in Lac La Biche! (id:39198)
Location
Province
Alberta
City
Lac Lae
Address
Highway 55
Postal Code
T0A2C0
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
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
$399,900
Asking Price
$399,900
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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