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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,449,000
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
Well established 119.97 acres with potential for anyone who would wish to have a few head of cattle, or maybe a horse enthusiast or a hobby farm owner! A Classic 1227 sq. ft. well built 3 bedroom Pan-Abode bungalow with vaulted open bean ceilings and a cozy open floor plan with two sets of patio doors leading to a tiered deck surrounded by mature trees. The kitchen features beautiful custom cabinets, and island and a large living room area. Third bedroom, family room, laundry with storage, and 3 piece bath completes the basement. The outbuildings consists of a shop w/cement floor, garage, 3 stall horse barn with tack room, calving barn and a large outdoor sand riding arena. Other miscellaneous items include back up generator, 2 waterers, 2 dugouts, and heavy duty log corrals, beautiful trees and Mountain View. All of this is set in a great location only 30 minutes to South Campus Hospital makes this property the one you have been waiting for to enjoy the lifestyle which comes from country living! (id:39198)
Location
Province
Alberta
City
Vulcan
Address
211038 Rr 260 Road
Postal Code
T0J0M0
Location Highlights
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Listed by
ROYAL LEPAGE SOLUTIONS 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
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
N/A
Financial Information
Yearly Rate
$1,449,000
Asking Price
$1,449,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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