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Ranch For Sale at 251207B RR 50 in Cochrane, Alberta

updated New
4 Sale ID #220587
Updated 29 Apr 2024

Asking Price

$3,900,000

Cap Rate help 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

Welcome to a magnificent 230-acre ranch nestled in the breathtaking foothills of Alberta, on the western periphery of the city of Calgary. This expansive property boasts 230 acres of contiguous land holdings on 2 separate titles, with an impressive 1.6 miles of frontage along the scenic Jumping Pound Creek. Situated against the stunning backdrop of the Rocky Mountains, this ranch offers a unique blend of natural beauty, ranching infrastructure, and modern amenities. The landscape is crisscrossed with well-maintained fencing, ensuring the efficient management of livestock. Ranching infrastructure includes a barn with 1800 square feet and a fenced barnyard, a pumphouse covering 250 square feet, a grain shed of 300 square feet, a workshop measuring 2000 square feet, a 5-bay garage spanning 4300 square feet, a grain silo, and a charming chicken coop with 200 square feet. An electric waterer in the barnyard adds to the practicality of the ranch. This property also features two well-appointed homes. The main home, spanning 3000 square feet (not including the basement), offers three bedrooms upstairs, two bedrooms on the main floor, and two additional bedrooms in the basement. The main home includes three bathrooms, with two full baths on the main floor and a three-piece bathroom in the basement. The ranch hand home, a cozy 1200 square feet, includes two bedrooms upstairs, one on the main floor, and two bathrooms – a full bath on the main floor and a three-piece bathroom upstairs. A unique feature of this ranch is the cabin, previously used as a bridal suite for hosting wedding events above Jumpingpound Creek. The property showcases a stunning Rocky Mountain backdrop, offering an idyllic setting for both everyday ranching life and special occasions. This ranch is not just a property; it's an opportunity to own a piece of Alberta's rich ranching heritage. With its perfect blend of natural beauty, ranching functionality, and proximity to urban convenience, this property inv ites you to experience the best of Alberta's foothills living. Also available to purchase if desired is the adjoining 160 acre parcel to the West, consisting of 111 acres of highly productive Hay land with an additional asking price of $1,800,000. (id:39198)

  • MLS® : #A2119176
  • Date Listed : 01 Apr 2024

Location

Province

Alberta

City

Cochrane

Address

251207b Rr 50

Postal Code

T3Z2K7

Location Highlights

N/A

Listed by

Real Estate Centre - Fort Macleod Alberta listing

Category

agricultural-properties ranches

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$3,900,000

Asking Price

$3,900,000

Cap Rate help 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 help 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 help 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 help 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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