For Sale · Land

#107 58222 RGE RD 221, Rural Thorhild County

#107 58222 RGE RD 221, Rural Thorhild County, AB T0A2W1

$59,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

96%

Lot Size

1.19 ac

About this property

A front porch for slow mornings. A shop for big projects. A spot for the RV between road trips. Start planning it all on 1.19 ACRES in Buffalo Lake Estates! Design a custom home that fits the way you live, with room for your recreational gear and nearby walking trails when you want to get outside. Enjoy a quiet, private country setting with NO HOA or condo fees. Just off Highway 28, Redwater, Gibbons & everyday amenities are within easy reach. Multiple lots are available in a range of sizes and locations. Come see where your country plans could take shape! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$60K
Down payment30% · $18K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$277

Projected NOI

$3K

Annual cash flow

$-444

Cash-on-cash

-2.47%

DSCR

0.87

Going-in cap

4.80%

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

110,912

Households

39,977

Median income

$84,500

Median age

41.6

Daytime population

164,294

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for #107 58222 RGE RD 221, Rural Thorhild County.

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.