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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,650,000
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
55.48 acres of rolling topography with approximately 3000 feet of lake frontage, with title to water's edge. With many acres of shore being sand and gravel. Very secluded with a new road just into the property. This is a rare opportunity for you to own one of the largest, privately owned parcels of lake front property on this lake! Property is mostly bush with a great view of the lake. This lake is estimated to be only 65 km from Edmonton. Long Island Lake is an awesome venue for water sports, fishing, skating, kayaking, snowmobiling, quadding, etc. GST may be applicable. Being spring fed, the lake is one of the cleanest in Alberta. Only 2.5 miles off of HWY 801. Sellers will consider seller financing. (id:39198)
Location
Province
Alberta
City
Westlock
Address
Twp Rd 633 A Rge Rd 261a
Postal Code
T0G0S0
Location Highlights
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Listed by
Exp 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
$1,650,000
Asking Price
$1,650,000
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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