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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,950,000
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
Escape to the serene beauty of the Battle River badlands with this exceptional horse property, spanning 148 acres of pristine landscape, complete with 85 acres of cultivated land. Tucked within this vast expanse lies a charming character home, originally a 1918 one-room schoolhouse, surrounded by essential outbuildings, equestrian facilities, and a generous riding arena. The home boasts a unique architectural style that seamlessly blends with nature, offering 3 bedrooms, 1.5 bathrooms, and sweeping panoramic views of the countryside and sunrise vistas. Flooded with natural light from floor-to-ceiling windows, the living space exudes warmth and character, enhanced by a modern kitchen featuring stainless steel appliances, granite countertops, and a welcoming breakfast bar. Cozy up by the wood-burning stove in the living area, or step onto the expansive screened-in deck to immerse yourself in the beauty of the rolling hills. Retreat to the walkout primary suite, where a gas fireplace, private patio, and luxurious 4-piece bathroom await, complete with a steam shower, soaker tub, and towel warmer. The equestrian facilities on this property are second to none, including a 144ft x 66ft riding arena, a fully heated stable barn with 7 stalls, a wash bay with Dutch door, hay storage, and 4+ acres of fenced paddocks with shelters. For those interested in horse breeding, this property has everything you need.to produce top-quality horses. Additional amenities abound, with a spacious 30ft x 28ft double garage and a 48ft x 32ft heated shop, offering abundant room for vehicle storage, tool organization, and hobby pursuits. Enjoy the convenience of an excellent well and septic system, a 50 bbl rainwater tank, a serviced trailer pad, a backup generator, and modern amenities, all included for your comfort. Ideally situated just 10 minutes from Donalda and 30 minutes from Camrose, this property offers a perfect blend of serenity and convenience. Benefit from 85 acres of fertile land producing good yields of wheat, canola and oats, coupled with surface lease revenue of approximately $2000 per year, making this property a coveted piece of paradise. With lush wooded slopes and ravines providing privacy and natural beauty, this opportunity surpasses expectations for both avid equestrians and those seeking a serene retreat. For those seeking a smaller parcel, explore the option to acquire the 20-acre acreage separately. (id:39198)
Location
Province
Alberta
City
Camrose
Address
43342 Range Road 183
Postal Code
T0B1H0
Location Highlights
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Listed by
Sotheby's International Realty Canada 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
1,223
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
$1,950,000
Asking Price
$1,950,000
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)
1,223
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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