65 Acre Equestrian ranch bordering Calgary City Boundary and 5 kms from Spruce meadows
$3,900,000
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Unbelievable opportunity to purchase 65 acres of prime Alberta land boarding the city limits of Calgary and only 5 kms west of World famous Spruce Meadows Show Jumping Facility. Subdivide this amazing property into 5 acre parcels or run as…..
…A first class equestrian Centre which it is already geared up to be. Currently rented out and grossing over $9000 per month.
15 minutes from one of Western Canada’s most prestigious education facilities, Strathcona Tweedsmuir School (www.sts.ab.ca) STS is both an IB World School and a Round Square School.
This really is a unique opportunity at an incredible price that will not last.
The property also features rare direct highway access onto Highway 22X, a 4 lane divided highway which connects you with all the amenities of the City of Calgary as well as the rustic hamlet of Bragg Creek nestled at the foothills of the Rocky Mountains, with gorgeous views of the magnificent Canadian Rockies from every inch of the property. The scenic Red Deer Lake is located a stones’ throw from the southeast boundary of the property, and attracts abundant wildlife to the area.
The property has been operating as an Equestrian Centre for the past 30 years and features two indoor heated arenas with viewing lounges and a substantial numbers of indoor box stalls. The same tenants have leased it for 4 years and there is a currently 4-½ year of a 5-year lease in place with the holding company. There is an option for a one-year termination clause upon the sale of the property (if the new owners wish.) The property also features a stand-alone retail Tack Shop (in place for the past 20 years) that also has in place 4 ½ years of a 5-year lease, again with a 1-year termination clause. The leases bring in combined revenue to the property of $9,000.00 per month (CAD)
The future potential of this amazing property is varied, as either a buy or hold, with substantial revenue, or as an incredible Equestrian property surrounded by some of North America’s top equestrian trainers and with direct access to the world renowned facilities of Spruce Meadows. Subdivision potential in the medium term could see a marked increase in the value of the property.
Contact Susie For The Listing:
