1/22243 Railway (#1) Avenue, Arrowwood
243 Railway (#1) Avenue, Arrowwood, AB T0L0B0
$60,000 total
0 SF
Asset Class
Specialty
Size
0 SF
Building class
C
Zoning
US — Urban Services
$ / SF
—
Occupancy
88%
Lot Size
2.4 ac
About this property
This is an unbelievable opportunity to acquire a 2.4 ACRE lot located in the quaint village of Arrowwood! This lot is currently zoned commercial, but can be rezoned to a RESIDENTIAL within a couple of months by the village. Whether you are looking for land to build your dream home or operate a business, this is a great option! Village services (gas, electricity, sewer) are available to the property line here. Arrowwood is located only 50 min southeast of Calgary, and only a 30 min drive to Vulcan. This is a very quiet and safe community which offers a public school (Grades 1-9), a gas station, a pharmacy, an ATB branch, and a local restaurant. Take a drive out here to check this out! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$277
Projected NOI
$4K
Annual cash flow
$478
Cash-on-cash
2.66%
DSCR
1.14
Going-in cap
6.34%
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
81,404
Households
33,599
Median income
$78,000
Median age
41.4
Daytime population
110,924
5-yr growth
4.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 243 Railway (#1) Avenue, Arrowwood.
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.