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Suite of tools & services
Benefits
Asking Price
$319,000
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
A rare property that opens up a world of opportunities! Nestled away on 20.49 acres of breathtaking countryside, outside of Wainwright and on the banks of the Battle River this is a perfect sight for a private dwelling or camping experience. Pull your RV up to the already built deck & start waking up to the sound of the river gently flowing through the heart of your property immediately. Being along the water, you can enjoy kayaking, fishing, or hiking down its banks. This property is the ideal getaway from the bustle of daily life thanks to the quiet and tranquility provided by the towering trees and natural surrounds. Pavement and regularly cleared roads allow easy access all times of the year. The property is serviced with a well, power can be brought in from the road, and internet is accessible. The upper banks has a flat building site with potential for a walk-out basement, with plenty of space for additional buildings like a barn or shop. Investment potential and adventure awaits. (id:39198)
Location
Province
Alberta
City
Vermilion River
Address
Township Road 474 A
Postal Code
T0B2P0
Location Highlights
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Listed by
Coldwell Banker Battle River Realty 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
$319,000
Asking Price
$319,000
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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