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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,900,000
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
Unique, never before offered for sale, here is a glorious, once in a lifetime opportunity for someone who has dreamed of building an iconic homestead overlooking the entire City of Lethbridge, with breathtaking views of Paradise Canyon, The Oldman River, and beyond. The sellers have installed water well with a flow rate of .5 igpm. This 5.51 acre parcel includes a 1.4 acre area suitable for building a large family home. Non permanent out buildings are permitted. Electrical and gas utilities are close by. Reports available for viewing after a conditionally accepted offer. Call the builder of your choice, and your realtor today for a walk around the property. Once you witness the view you could own for a lifetime, your long term vision will start to unfold. (id:39198)
Location
Province
Alberta
City
Lethbridge
Address
Rr 215
Postal Code
T1K8G5
Location Highlights
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Listed by
Century 21 Foothills South 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
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
$1,900,000
Asking Price
$1,900,000
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.
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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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