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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$129,000
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
2.99 Acres of undeveloped land located in Vulcan County. 6 minutes from the town of Milo, 1.5 miles north off of Highway 23. Pick your perfect building location, the options are endless. Just enough room to have your hobby farm with no neighbors. Property is located 45 mins east of High River, or a short 30 mins to Vulcan, zoned Rural General. If Lake life is your next dream, snatch up this parcel as it is minutes to Lake McGregor and the boat dock. Kite surfing, kayaking, tubing, or fishing all available at Lake McGregor Provincial Recreation Area. (id:39198)
Location
Province
Alberta
City
Milo
Address
Rural 221 Range Road
Postal Code
T0L1L0
Location Highlights
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Listed by
Century 21 Foothills 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
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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
$129,000
Asking Price
$129,000
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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