5420 Davies Street, Innisfail5420 Davies Street, Innisfail — photo 25420 Davies Street, Innisfail — photo 35420 Davies Street, Innisfail — photo 45420 Davies Street, Innisfail — photo 55420 Davies Street, Innisfail — photo 65420 Davies Street, Innisfail — photo 75420 Davies Street, Innisfail — photo 85420 Davies Street, Innisfail — photo 9
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For Sale · Land

5420 Davies Street, Innisfail

5420 Davies Street, Innisfail, AB T4G1E3

$95,000 total

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Asset Class

Land

Size

—

Building class

A

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

87%

Lot Size

0.5 ac

About this property

R-1C lot! Half an Acre!!Only One Lot Left!!! Don't miss your chance to place a manufactured home, bring your own builder and complete your dream home on this half an acre lot. This vacant lot is perfectly positioned in the community of beautiful Town of Innisfail. This prime lot offers unbeatable views and location inside the lovely town of Innisfail. It sits in an area with lots of trees. Birds singing and Deers running around. Nature is just right outside of your door. It is R1C to allow more efficient use of the land. Currently there is no municipal services to the lots. You can use a water well or cistern for potable water and pump out tank for sanitary sewer. When the municipal services are available, the land will have to connect to the municipal service. It is possible that each of these parcels could be the subject of a future subdivision. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$95K
Down payment30% · $29K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$439

Projected NOI

$4K

Annual cash flow

$-1K

Cash-on-cash

-4.08%

DSCR

0.78

Going-in cap

4.32%

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

133,311

Households

50,168

Median income

$116,000

Median age

35

Daytime population

139,794

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 5420 Davies Street, Innisfail.

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.