For Sale · Specialty

#124 4418 HWY 633, Rural Lac Ste. Anne County

#124 4418 HWY 633, Rural Lac Ste. Anne County, AB T0E0L0

$130,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

89%

Year Built

2015

Lot Size

0.56 ac

About this property

Welcome to Birchwood Estates, where lake life and outdoor living come together! This lake lot offers a fantastic opportunity to enjoy a seasonal retreat, complete with a 2006 32-ft Sandpiper fifth wheel. The fully fenced property features two decks, perfect for relaxing and entertaining, along with two sheds for convenient storage. Located just off Lac Ste. Anne and Highway 633, this property offers a peaceful getaway with easy access to a nearby restaurant and convenience store in Darwell. The property is equipped with a holding tank, power, and two water storage tanks, providing the essentials for a summer escape. Whether looking for a place to spend weekends entertaining, a base for lake adventures, build a future getaway, this property offers plenty of potential. Or enjoy as is! Bring outdoor furniture, fire up the BBQ, and start making memories at the lake! (id:66811)

Financial sandbox

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Estimate
Purchase price$130K
Down payment30% · $39K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$600

Projected NOI

$8K

Annual cash flow

$1K

Cash-on-cash

3.14%

DSCR

1.17

Going-in cap

6.48%

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

94,242

Households

41,082

Median income

$75,000

Median age

41.3

Daytime population

123,184

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for #124 4418 HWY 633, Rural Lac Ste. Anne 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.