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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$289,000
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
Welcome to Cornerstone Estates (Muir Lake Heights) where executive acreage lots invite you to build your dream home in a serene, upscale community. Nestled between scenic Muir Lake and the Chickakoo Lake Recreation Area, this location offers peaceful living with nature at your doorstep.Only minutes from Spruce Grove and Stony Plain with paved roads the entire way. Cornerstone Estates combines the tranquillity of country living with convenient access to city amenities. This prestigious neighbourhood features custom-built homes and strictly maintained architectural standards, ensuring lasting beauty and value. Whether you prefer a wooded retreat or an open walk-out estate, Cornerstone offers a unique blend of privacy, elegance, and natural charm. This lots has lots of trees for your privacy. With numerous new homes already established, the community is thriving. come be part of its exceptional growth. (id:39198)
Location
Province
Alberta
City
Parkland
Address
Rr 275
Postal Code
T7X3Y6
Location Highlights
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Listed by
Sterling 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
$289,000
Asking Price
$289,000
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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