1/46281029 Hwy 616, Rural Wetaskiwin County
281029 Hwy 616, Rural Wetaskiwin County, AB T0C2C0
$135,000 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
97%
Lot Size
2.99 ac
About this property
Perfect acreage lot to build a home(s)/garage/small barn. Sunny, bright location in N. Pigeon Lake Estates with West open views & sloping lot East toward trees. 7 minutes to the MULHURST BOAT LAUNCH. 39 Min to the EDMONTON INT'L AIRPORT. This subdivision has so much going for it: well designed subdivision, near highway and close to lake. Opportunities to develop property a few different ways. Let your ideas flow: summer or all year, add a shop/storage for land & lake toys? Maybe care for a horse or two? Approximately a 2.99 acre piece of property. Gravel road into subdivision. No services into lot yet. 4 Wire fence & rail fence around property not included in sale. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$623
Projected NOI
$5K
Annual cash flow
$-2K
Cash-on-cash
-5.09%
DSCR
0.72
Going-in cap
4.02%
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
61,652
Households
26,213
Median income
$82,000
Median age
43.3
Daytime population
93,511
5-yr growth
1.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 281029 Hwy 616, Rural Wetaskiwin County.
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.