For Sale · Land

Lot 6, 44 Avenue Close, Alix

Lot 6, 44 Avenue Close, Alix, AB T0C0B0

$49,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

88%

Lot Size

1.1441000918273645 ac

About this property

A Little Room to Dream in Alix!Ready for your ideas! This beautiful vacant parcel, offering approximately 1.14 acres in the charming community of Alix, is the perfect opportunity to bring your vision to life. Whether you're dreaming of building your forever home, creating a little more space to enjoy, or simply looking for the perfect place to put down roots, the possibilities are yours to explore. Town services are conveniently available right to the lot line, making this property ready for your plans. A great opportunity to enjoy the space and possibilities of acreage-style living with the convenience of town amenities. Your dream starts here! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$50K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$230

Projected NOI

$2K

Annual cash flow

$-917

Cash-on-cash

-6.12%

DSCR

0.67

Going-in cap

3.70%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

106,561

Households

43,259

Median income

$85,500

Median age

45

Daytime population

104,544

5-yr growth

8.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Lot 6, 44 Avenue Close, Alix.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.