$3,900,000
LAND · MLS® A218053202 / Overview
PROPERTY OVERVIEW
A full quarter of annexed land on the edge of Olds just waiting for the right developer to come and get going!! There has been an Area Structure Plan put into place a while ago but will need to be readdressed with the Town of Olds. It had a plan for 600 lots on the north 80 acres. All the services are to the boundary (just hook up and go). Housing already exists to the North of...
03 / Details
PROPERTY DETAILS
Property TypeLAND
Building Type{}
Lot Size6,969,600 sq ft
ZoningUrban Reserve
Basement{}
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$18,522After mortgage & expenses
Cap Rate0.2%Based on market rents
Cash on Cash Return-28.5%With 20% down payment
Est. Monthly Rent$2,000Based on comparable rentals
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05 / Location
NONE
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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
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