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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$269,000
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.
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Lot Size
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Building Size
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Premise Summary
Tucked away in the tranquil area of McGregor Reservoir this 1.44-acre lot with west lake exposure presents a unique opportunity to immerse yourself in the peaceful surroundings of McGregor Lake. The lot's convenient shape makes it ideal for designing your dream home, seamlessly blending your vision with the natural beauty of the landscape. Equipped with power (three RV receptacles and 200 AMP panel), a gas line to the property line, and a gravel parking pad, this property is ready for development. Many locals use cisterns for drinking water, with potable water easily obtainable from nearby Milo and non-potable water available from a lakeside pumphouse. Whether you're dreaming of a quaint cabin, a cozy retreat, or a full-time lakeside residence, this lot offers year-round accessibility, providing a serene escape from city life. Just an hour away from Calgary, it strikes the perfect balance between seclusion and convenience. Experience the soothing charm of lake life today! (id:39198)
Location
Province
Alberta
City
Vulcan
Address
Ne 19 18 21 W4
Postal Code
T0L1L0
Location Highlights
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Listed by
RE/MAX Landan 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
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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
$269,000
Asking Price
$269,000
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.
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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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