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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$159,900
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
Has waterfront property been on your wish list? Have you wanted to own land with a river through your back yard? Now is the time. Here is your chance to own 1.5 acres of manicured space in the hamlet of Bow City. Take this opportunity to turn this space into your dream getaway; weekend retreat; family gathering; full time homestead; or continue enjoying it as your private seasonal resort. This area is currently cared for and appreciated as a part time spot to bring the RV; complete with a deck, sheds, play structure, and access to the Bow river. This is an existing community where owners enjoy fishing, floating, swimming and rafting, while creating the living space of their dreams. Extensive improvements have been completed to this property which include grading and levelling; a 30x20 yard deck; 20x20 river view deck; pergola preparations; play structure; storage sheds; full irrigation with a nine zone manifold fed off the river; and a 200 amp service which includes 4x30 amp, 1x50 amp, 2x110v. This property sets the perfect stage to either enjoy it as is, or to begin the journey toward developing your private oasis. It is full-service ready. All the necessary amenities are nearby including potable water hauling and waste (20km), Lake Newell (47km), Badger Lake (24km), Brooks (35km). Mail, garbage, and the Bow City Campground complete with Community Hall and Park is only a few hundred meters away. Major centers like Lethbridge (122km), Medicine Hat (140km) and Calgary (213km) are close enough to make this peaceful retreat anything you choose. Take a drive for yourself and view the possibilities. Your sunset is closer than you think. (id:39198)
Location
Province
Alberta
City
Bow City
Address
Hwy 539
Postal Code
T0J2M0
Location Highlights
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Listed by
RIVER STREET REAL ESTATE 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
$159,900
Asking Price
$159,900
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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