For Sale · Land

#103 58222 RGE RD 221, Rural Thorhild County

#103 58222 RGE RD 221, Rural Thorhild County, AB T0A2W1

$59,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

94%

Lot Size

1.48 ac

About this property

A custom home, a dream shop & room for the RV. Picture it all on 1.48 ACRES in Buffalo Lake Estates! This spacious lot offers a peaceful, private setting with nature all around & walking trails nearby. Plan the home you’ve always wanted, with space for weekend projects and all your recreational gear. Enjoy country living with NO HOA or condo fees and easy access to Highway 28, Redwater, Gibbons & everyday amenities. Multiple lots are available in a variety of sizes and locations. Come find the one that feels like home! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$60K
Down payment30% · $18K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$277

Projected NOI

$3K

Annual cash flow

$-85

Cash-on-cash

-0.47%

DSCR

0.97

Going-in cap

5.40%

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

89,007

Households

32,833

Median income

$77,500

Median age

40

Daytime population

104,936

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for #103 58222 RGE RD 221, Rural Thorhild 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.