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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$135,000
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
Looking for a quiet acreage for your family to escape to? In an excellent location, this property is within 3 miles of Buffalo Lake Provincial Recreation Area (also known as Boss Hill) where you can enjoy all the lake has to offer, but also be far enough away so that you can truly enjoy the peace and quiet. Being so close to the lake, you could build your lake house, use it as a family campground, a hunting cabin, or build your year-round dream home. This acreage has one of the most picturesque views in central Alberta, with rolling hills, dots of native trees and shrubs, and amazing sunrises and sunsets. The property has a pond that curls around 3 sides, so you can enjoy the sights and sounds of local waterfowl and wildlife. The north side of this lot is lined with trees, a great windbreak. Undulating farmland surrounds this acreage and the property is +/- 3.26 acres. Buffalo Lake has many communities along its shores with plenty of activities for all ages. Boating and fishing are great in the summer, as well as paddle boarding and kayaking, swimming, bird watching and hiking, and camping at the Boss Hill campground. This acreage is 22 minutes north of Stettler, just half a mile off Highway 56, so you can enjoy the solitude of country living, while being close to town. It is situated partway between Edmonton (110 minutes) and Calgary (150 minutes). The taxes have not yet been assessed. (id:39198)
Location
Province
Alberta
City
Stettler
Address
On Twp 41-2
Postal Code
T0C2L0
Location Highlights
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Listed by
RE/MAX 1st Choice Realty 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
$135,000
Asking Price
$135,000
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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