For Sale · Specialty

15048 Hwy 611, Rural Ponoka County

15048 Hwy 611, Rural Ponoka County, AB T0C0M0

$1.3M total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

90%

Year Built

2021

Lot Size

98.97 ac

About this property

98.97 beautiful rolling acres with pavement access, just 15 minutes to Pigeon Lake and under an hour to YEG! Built in 2021, this impressive home combines comfortable country living with exceptional workspace and potential for a home-based business. The heated shop offers nearly 3,000 sq. ft. of concrete floor space, two 16' overhead doors, one 10' door and direct access to the home. Inside, soaring ceilings and abundant windows highlight the open-concept kitchen, dining and living area with a stunning stone fireplace. The main floor features a spacious primary bedroom with ensuite and walk-in closet, large office, laundry and 2-piece bath. Upstairs offers 3 generous bedrooms, a 3-piece bath and storage room. The picturesque land features rolling pasture, treed areas, large ponds and an outdoor riding arena. Conveniently located within approximately 30 minutes of several popular indoor riding facilities. An exceptional opportunity to live, work and enjoy the freedom of country living! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.25M
Down payment30% · $375K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$75K

Annual cash flow

$5K

Cash-on-cash

1.42%

DSCR

1.08

Going-in cap

5.97%

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

106,896

Households

49,741

Median income

$133,000

Median age

38.6

Daytime population

156,030

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 15048 Hwy 611, Rural Ponoka 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.