$40,000

LAND · MLS® A2278289
02 / Overview

PROPERTY OVERVIEW

No Building Commitment. Drive A Little. Save a LOT. Rear Alley Access. Backing onto Country Views. Farm Fields. Gleichen is a quit community of 500 people that is over 100 years old. We are located just off the Trans Canada Highway approximately 93km from Calgary. Our community was one of the first towns in the Western Territory that would later become Alberta. We are a community of friendly, quiet and vibrant people. Property is serviced Municipal Water...

03 / Details

PROPERTY DETAILS

Property TypeLAND
Lot Size6,199 sq ft
Zoning110
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,685After mortgage & expenses
Cap Rate56.5%Based on market rents
Cash on Cash Return252.8%With 20% down payment
Est. Monthly Rent$2,000Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
Presented By

Debbie Mitzner

RE/MAX Landan Real Estate