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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
Are you looking for Country Living with the convenience of City Amenities? This vacant lot is literally right on the edgeof the City Limits. 1.31 Acres that would work for a Walk Out Bungalow and with Pavement right to your Access. Along with the convenientaccess to City Amenities, you would be within walking distance to the Balmoral Golf Course and less than 10 minutes to the Canyon Ski Hill and Recreation Center. The owners have completed soil testing for a Septic Tank and Field, plus a Building Envelope that has County Approval. Perfect size Acreage that is extremely rare to find. (id:39198)
Location
Province
Alberta
City
Red Deer
Address
Lot 24 26553 11 Highway
Postal Code
T4E1A5
Location Highlights
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Listed by
RE/MAX real estate central alberta 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
$299,900
Asking Price
$299,900
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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