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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,200,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Here is an excellent opportunity for a property development in the Town of Lumsden. This parcel features 130 Acres of land adjacent to the latest development and adjacent to the new water treatment plant. The services are very accessible as there is power and gas on the land. There are no more development opportunities at the bottom of the hill for development making this property the next spot for town expansion. Lumsden is a progressive town located 25 km northwest of Regina and has a growing population. There are many new homes and opportunities in Lumsden making it a very desirable area. Lumsden is a short 25km away from Regina on double land highway. The yard site on the property is not included and will be subdivided off. (id:39198)
Location
Province
Saskatchewan
City
Lumsden.
Address
Lumsden Development Land
Postal Code
S0G3L0
Location Highlights
N/A
Listed by
Sutton Group - Results Realty Saskatchewan listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$2,200,000
Asking Price
$2,200,000
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.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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