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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$938,350
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
Manufactured Home Subdivision or park! Stand in to make 26.81 Acres extra profitable by catering to a clientele looking for affordable homes and who take pride in living in a development that stands up to 2024 standards. If you can step in and expand a vision for this parcel- this could be the right spot for you. The Town of Sexsmith has expressed great interest in this whole area and will aid you in presenting your vision to the Town Council. A K-8 school has already been approved – and is built - the kids will walk or ride their bikes to school! The ASP calls for ponds, and the forecast for Painted Sky calls for quiet and sunny times ahead. Painted Sky is in Sexsmith which is known for quiet living while being just 12-miles from the City of Grande Prairie for when you want the hustle. It is hard not to notice the growing desire for the small-town lifestyle - in fact, try to find a vacant lot to build on in Sexsmith! As demand for housing builds – now more than ever “if you build it- they will come”. Check out the proposed plans for the full area.Contact a Commercial Agent today - first tip your toe, and then be consumed by this development opportunity! (id:39198)
Location
Province
Alberta
City
Sexsmith
Address
Nw-24-73-6-w6 106 St Street
Postal Code
T0H3C0
Location Highlights
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Listed by
RE/MAX Grande Prairie 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
$938,350
Asking Price
$938,350
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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