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233165 & 233191 Range Road 280 , Rural Rocky View County, AB
$1,799,000
Residential ยท MLSยฎ A22937463Bedrooms
3Bathrooms
2,248Sq Ft
2Garage
1989Year Built
02 / Overview
PROPERTY OVERVIEW
Prime Investment Opportunity! Rare 11.54-acre revenue property at the high-visibility corner of Glenmore Trail & Hwy 791, generating $9,300/month in rental income. The property features 2 detached homes (large bungalow & 2-storey), each with double garages and separate gas & electric meters. Additional income-producing buildings include 2 large Quonsets, barn, and multiple sheds. Mature trees provide privacy and separate entrances one for each home. The parcel offers 233 meters of frontage on Hwy 791 and approx. 200m depth, with beautiful...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,248 sq ft
Lot Size502,682 sq ft
ZoningA-GEN
HeatingForced Air
CoolingNone
ParkingDouble Garage Attached
ExteriorPrivate Entrance
BasementFull
Year Built1989
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$3,942After mortgage & expenses
Cap Rate1.8%Based on market rents
Cash on Cash Return-13.2%With 20% down payment
Est. Monthly Rent$4,084Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Sewak Gill ยท Five Star Realty