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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$635,000
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.
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Lot Size
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Building Size
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Premise Summary
Attention investors, don't miss your opportunity to view this well maintained four plex in the popular east end of downtown Brockville. This adult oriented brick building with metal roof offers, 3 - 2 bedroom units and 1 - 1 bedroom unit, each unit is separately metered for hydro in which the tenants pay for. Water and sewer is paid by the owner. There is ample off street parking, 4 storage lockers, on site laundry area and a security entrance door. Please Note: as per Form #244 - minimum deposit of $20,000 - 24 hours irrevocable. (id:39198)
Location
Province
Ontario
City
Brockville
Address
10 Winters Court
Postal Code
K6V1T7
Location Highlights
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Listed by
CENTURY 21 RIVER'S EDGE LTD. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
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Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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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
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Financial Information
Yearly Rate
$635,000
Asking Price
$635,000
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.
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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)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
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Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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