For Sale · Land

6, 41207 Range Road 263, Rural Lacombe County

6, 41207 Range Road 263, Rural Lacombe County, AB T4L2N4

$150,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

83%

Lot Size

2.25 ac

About this property

2.25 Acres in Lochinvar Subdivision, Just Minutes from Lacombe. Your country home starts here. This 2.25-acre residential lot in the Lochinvar Subdivision offers the perfect balance of space, privacy and convenience, with the City of Lacombe just a short drive away. Easy access off pavement means smooth travel to work, school and town in every season. The manageable lot size gives you plenty of room for a custom home, a garage or shop, and a beautiful yard, without the upkeep of a larger acreage. Picture morning coffee on the deck, sunsets over open fields, and quiet nights under the stars, all within minutes of Lacombe’s schools, shopping, dining and amenities. If you’ve been waiting for the right spot to build close to town, this is it. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$150K
Down payment30% · $45K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$693

Projected NOI

$5K

Annual cash flow

$-3K

Cash-on-cash

-6.82%

DSCR

0.63

Going-in cap

3.50%

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

145,406

Households

63,677

Median income

$124,000

Median age

36.3

Daytime population

147,179

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 6, 41207 Range Road 263, Rural Lacombe 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.