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Suite of tools & services
Benefits
Total income received prior to any expenses.
N/A
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Cash Flow 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)
Premises Size (square feet)
4,500Monthly Rent/Sq.Ft.
N/ASave this Listing
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Pricing: As noted the price for both the home (MLS# 2037166) and the Heartwood Inn is $1.475 million. The Heartwood Inn can be purchased separately for $1.25 million. Only In that instance, the house can be sold separately for $225,000. What an opportunity to own a well maintained Boutique Hotel with high end renovations! This Heartwood Inn is located in the heart of the Canadian Badlands in Drumheller. This very charming hotel is consistently rated #1 on Trip Advisor! Its nearby downtown location make it the perfect spot for families & couples looking for a private setting while remaining close to all amenities. The Heartwood Inn is unique with beautifully designed guest rooms, some with jetted tubs or oversized shower stalls & fireplaces. There guest house which is literally a private romantic cottage situated immediately behind the main hotel. This guest house is also pet friendly and comes with a BBQ, private yard & fire pit. Included with the Heartwood Inn is the very attractive property, literally next door at 332 Railway Ave East. It carries the same commercial zoning as the main Heartwood Hotel building It is included in this price. The third portion of the Heartwood Inn is the very attractive 2 bedroom home at 455-3rd Street East. It is essentially adjacent to and operated with the Heartwood Inn as an AIRBNB. There is room to expand with the partially finished basement. And this home and Heartwood Inn itself, are both located just blocks from downtown and just 6 km the world famous 12,500 Sq M (135,000 Sq Ft) Royal Tyrrell Museum!! Please feel free to call your favorite Realtor. Don't miss this opportunity !! (id:39198)
Total income received prior to any expenses.
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N/A
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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Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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