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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,095,000
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
Prime Residential Development Land for Sale in popular downtown area close to schools, amenities and Whitecourt’s Premier Golf Course.We offer a Proposed 43 single family lot subdivision in an area demanding new lots. Developer may also consider rezoning to multi-family if Town allows.This desirable land is completely cleared, level, well compacted and has all services to lot line making this piece of property more than ready for development.With a newly proposed Power Generation/Carbon Capture Plant on the horizon and a strong need for new residential lots in Whitecourt what a great opportunity this presents. (id:39198)
Location
Province
Alberta
City
Whitecourt
Address
Ptnw-36-59-12-w5th Mink Creek
Postal Code
T7S1H5
Location Highlights
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Listed by
RE/MAX ADVANTAGE (WHITECOURT) 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
$1,095,000
Asking Price
$1,095,000
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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