For Sale · Land

32310 Range Road 45, Rural Mountain View County

32310 Range Road 45, Rural Mountain View County, AB T0M1X0

$599,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

92%

Lot Size

49.8 ac

About this property

Newly subdivided 50 acres in the beautiful Bergen area, located on pavement and less than 10 minutes southeast of Sundre. This is a great piece of land with a nice mix of approximately 60% trees and 40% open pasture, offering plenty of privacy while still leaving lots of usable ground and pasture. The property is partially fenced and cross-fenced (though not completely fenced) and currently provides approximately $3,000 per year in surface lease income. Whether you're looking for pasture, a recreational getaway, or the perfect spot to build your country home, this property offers plenty of possibilities in a fantastic location close to Sundre and Alberta's West Country. Sale is subject to final registration at Land Titles. Please do not access property on your own - call your favorite Realtor to view! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$600K
Down payment30% · $180K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$25K

Annual cash flow

$-8K

Cash-on-cash

-4.50%

DSCR

0.76

Going-in cap

4.19%

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

45,278

Households

19,313

Median income

$103,500

Median age

34.9

Daytime population

54,560

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 32310 Range Road 45, Rural Mountain View 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.