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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,900
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
Lot Size
N/A
Building Size
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Premise Summary
Discover the perfect blend of peaceful rural living and convenient access to city amenities on this magnificent 122-acre property. Ideally situated just northeast of Grande Prairie and southeast of Sexsmith, offering unparalleled opportunities whether you envision a thriving hobby farm or a private family estate. Approximately 20 acres of mature trees and a dugout provide a picturesque backdrop, while ample cultivated land is ready for your agricultural pursuits, all supported by essential infrastructure including a 240-foot deep well, a two-stage septic system with pump-out, power to the home and garage, and a high-grade gravel driveway, with natural gas available at the property line. The heart of this property is an upgraded 2012, 1,526 sqft modular home boasting gorgeous views and versatile options—move in and enjoy, relocate it once you build your dream home, or potentially keep it as a second residence or rental. This beautifully appointed 3-bedroom, 2-bathroom home features espresso cabinets, stainless steel appliances, updated trim, new flooring, new hot water tank, heavy-duty skirting, and a spacious deck with aluminum railing. The primary bedroom is a true retreat with a large full-length closet and a double-sink ensuite with jetted tub and a separate shower with glass doors. The sizeable living room impresses with vaulted ceiling, an abundance of large, bright windows. Complementing the home are a 14x22 detached garage and a brand-new 10x24 shed with dedicated wood storage. Possibilities are truly endless with so much diverse land so close to town. Move in and start enjoying your rural lifestyle today! (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
Rr 52
Postal Code
T0H3C0
Location Highlights
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Listed by
Royal LePage - The Realty Group Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
1,526
Year Built
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Years Remaining in Current Lease Term
N/A
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
N/A
Financial Information
Yearly Rate
$699,900
Asking Price
$699,900
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)
1,526
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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