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$3.5M Monthly
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Asset Class
Land
Size
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Building class
B
Zoning
AG — Agricultural
$ / SF
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Occupancy
90%
An 24 Acres land wirh home and storages buildings located 13KM East of Calgary. An bangalow of 2328Sf home with 3 bedrooms and 2 offices ( can use as bedrooms with 3 bathrooms.) 3750 sqft of storage building and 13,500 sqft of another storage building. As of right now, the house is rented $2350, the smaller storage building rented for $2650 and a 2 bedroons in between 2 storage building is rented for $700 per month. The total rental revenue is about $5700 per month. The potential rental value for the 13000sqft storage building is $7.5 per sqft will be $8125. The total rental revenue will be $13825 Per month. \the listing agent has an interest in the property. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$16K
Projected NOI
$178K
Annual cash flow
$-16K
Cash-on-cash
-1.54%
DSCR
0.92
Going-in cap
5.08%
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.
Trade area within 3 miles of the property.
Population
48,440
Households
19,278
Median income
$79,500
Median age
42.2
Daytime population
65,767
5-yr growth
1.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 273250 Township Road 250 Road E, Rural Rocky View County.
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.