For Sale · Specialty

Twp Rd 560 Rge Rd 52, Rural St. Paul County

Twp Rd 560 Rge Rd 52, Rural St. Paul County, AB T0A1A0

$62,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

95%

Year Built

2022

Lot Size

1 ac

About this property

This is the perfect OFF GRID property to call your very own at an extremely affordable price. Located within a short drive to lakes and the North Sask. River, this 1 acre treed property is situated in beautiful, scenic East Central AB where there is plenty of fishing and wildlife. This property includes a 40' Sea Can with peaked roof, converted to a SUMMER COTTAGE & a 10'x11' addition with vaulted ceiling serving as a Master Bedroom. Escape the hustle bustle and enjoy the outdoors with walking trails through the mature trees, firepit area, fenced garden area, shed & greenhouse. Included is a soft tarp building for storage or workshop. The property is set up for off-grid with solar panels & batteries, gas generator, wood stove, small cistern for water, on-demand hot water, shower cabinet, compost toilet, propane stove & dryer. No holding tank for grey water or septic. Leave the stress behind, relax and enjoy the rural experience! Close to Elk Point for amenities; 50 min to Lloydminster. Taxes $623 (id:66811)

Financial sandbox

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Estimate
Purchase price$62K
Down payment30% · $19K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$286

Projected NOI

$5K

Annual cash flow

$1K

Cash-on-cash

6.19%

DSCR

1.34

Going-in cap

7.40%

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

142,831

Households

51,995

Median income

$78,500

Median age

40.2

Daytime population

155,047

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for Twp Rd 560 Rge Rd 52, Rural St. Paul 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.