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$1.7M total
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Asset Class
Land
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
96%
Year Built
2018
Lot Size
159.73 ac
Exceptional opportunity for an acreage within 20 minutes from Regina. Situated on a quarter section of land, this country residential parcel sits conveniently between Balgonie and Pilot Butte and close proximity to the City of Regina. Approximately 143 cultivated acres, fairly flat, some sloughs. The spacious 1930 sq/ft bungalow is situated on approximately 13 acres. This RTM home was manufactured in 2018 and features a spacious entrance, open concept dining room, kitchen and living room with a feature natural gas fireplace and vinyl plank flooring. Tons of counter space including a large centre island, gas range stove and walk through pantry. The primary bedroom is a great retreat with an oversized "L" shaped walk in closet and full ensuite. The 2 spare bedrooms are equal size and have tons of room. The laundry and mud room area is off the direct entry to the triple attached garage. Bonus 2 piece bathroom and additional laundry room in the garage. The garage is approximately 46 x 30 and heated and insulated. House is on a crawl space with an ICF foundation. High efficient natural gas furnace, on demand water heater, water softener and HRV. Pole shed measures approximately 54 x 90 with a gravel/dirt floor. The bi-fold door is 30 x 18 (height). The town of Balgonie is 11 kilometres away with school bus pick up. Pilot Butte is approximately 13km. Seller would consider renting back the cultivated acres from the new purchaser. Call today for more information. (id:66811)
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Monthly debt service
$8K
Projected NOI
$65K
Annual cash flow
$-28K
Cash-on-cash
-5.62%
DSCR
0.70
Going-in cap
3.86%
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
70,028
Households
28,922
Median income
$77,500
Median age
42.4
Daytime population
102,808
5-yr growth
6.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Fenning/Kulman Acreage/Farm, Edenwold Rm No.158.
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.