For Sale · Land

54175 RGE ROAD 220, Rural Strathcona County

54175 RGE ROAD 220, Rural Strathcona County, AB T8L3Y7

$399,900 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

99%

Year Built

1903

Lot Size

4.7 ac

About this property

A Rare Historic Landmark Opportunity Step back in time and discover the charm and character of the historic Partridge Hill Building, located in the peaceful countryside near Josephburg, Alberta. Originally completed in 1903, this iconic rural structure stands as a testament to Alberta's pioneering heritage and has served generations of local families for well over a century. Built through community fundraising, volunteer labour, and the dedication of early settlers, the church remains an important landmark in Strathcona County today. Nestled among mature trees and open prairie landscapes, this this 4.7acre unique property offers endless possibilities. Whether envisioned as a place of worship, wedding venue, community gathering space, heritage attraction, private retreat, or a one-of-a-kind restoration project, the church provides an atmosphere rich with history, character, and small-town Alberta charm. Featuring classic architecture, original craftsmanship, and a tranquil rural setting. (id:66811)

Financial sandbox

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Estimate
Purchase price$400K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$21K

Annual cash flow

$-1K

Cash-on-cash

-0.94%

DSCR

0.95

Going-in cap

5.26%

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

43,141

Households

20,049

Median income

$95,500

Median age

43.7

Daytime population

69,120

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 54175 RGE ROAD 220, Rural Strathcona 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.