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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,285,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Rare opportunity in the heart of Sunnyside. 10 unit apartment complex with long-term tenants, generating solid income with room to grow. Conveniently located steps away from the C-Train, groceries, shops, restaurants, and walking distance to the center of Kensington. Hold and add to investment portfolio while exploring potential densification or future redevelopment opportunities. (id:39198)
Location
Province
Alberta
City
Calgary
Address
0 1001 2 Avenue Nw
Postal Code
T2N0E8
Location Highlights
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Listed by
Century 21 Bamber Realty LTD. Alberta listing
Category
Property Information
Premise Status
N/A
With Accommodation
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Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
6,000
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$2,285,000
Asking Price
$2,285,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
6,000
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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