For Sale · Land

#104 58222 RGE RD 221, Rural Thorhild County

#104 58222 RGE RD 221, Rural Thorhild County, AB T0A2W1

$59,900 total

—

Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

—

Occupancy

99%

Lot Size

1.41 ac

About this property

Big plans need room! Make them happen on 1.41 ACRES in Buffalo Lake Estates. Picture coffee on the porch of a home you designed, afternoons out on the nearby walking trails & a shop with room for the projects you’ve been saving. There’s space to park the RV between adventures and enjoy some privacy in a peaceful country setting. NO HOA or condo fees! Just off Highway 28, with easy access to Redwater, Gibbons & everyday amenities. Multiple lots are available in a range of sizes and locations. Come walk this one and see where your 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
Occupancy99%
Expense growth2.5%

Monthly debt service

$277

Projected NOI

$3K

Annual cash flow

$-523

Cash-on-cash

-2.91%

DSCR

0.84

Going-in cap

4.67%

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

143,600

Households

58,655

Median income

$125,500

Median age

39.5

Daytime population

164,272

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for #104 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.