For Sale · Land

39 62331 RGE RD 411A, Rural Bonnyville M.D.

39 62331 RGE RD 411A, Rural Bonnyville M.D., AB T9M1P1

$69,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

91%

Lot Size

1.43 ac

About this property

1.43 acre building lot situated in Legends Western Estates. Unserviced lot with gas and power at lot line. Located within 10 minutes of Cold Lake with quick access to Kinosoo Ridge Ski Hill, Cold Lake Provincial Park and French Bay. GST may be applicable. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$70K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$323

Projected NOI

$3K

Annual cash flow

$-778

Cash-on-cash

-3.71%

DSCR

0.80

Going-in cap

4.43%

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

62,951

Households

26,222

Median income

$137,500

Median age

39.5

Daytime population

101,830

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 39 62331 RGE RD 411A, Rural Bonnyville M.D..

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.