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Apartment Building For Sale at #101 9040 22 AV SW in Edmonton, Alberta

4 Sale ID #218273
Updated 27 Apr 2024

Asking Price

$2,780,000

Cap Rate help 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

Savaryn Business Centre - 3 units combined with high end build out, located at 9040 22 Ave in the Ellerslie Industrial Business Zone, located near the Henday south district, minutes to the airport, and west of Summerside - east access to gateway and Hwy 2. Fully developed with high end build out 5,989 sq ft office & industrial bay combined. Warehouse at 1,688 sq ft offers ceiling height of 21 feet with 2, 14 foot overhead grade loading doors. Surface parking assigned 14 stalls. Main floor offers 5 offices, telecom room, kitchen/eating area with fridge, sink, microwave and cabinetry, as well as open concept workbench area. 2nd floor has 5 offices with 2 open bullpen areas and boardroom. Exterior signage is roughed in and ready to go. LED motion sensor lighting offers security in the parking area - front and rear of building. This building is equipped with a keyless entry system with key cards and night vision cameras inside and outside. Power - 2 circuits of 50 amp and 1 circuit at 40 amp. (id:39198)

  • MLS® : #E4378625
  • Date Listed : 20 Mar 2024

Location

Province

Alberta

City

Edmonton

Address

#101 9040 22 Av Sw

Postal Code

T6E5R9

Location Highlights

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Listed by

Latitude Real Estate Group Alberta listing

Category

apartment-buildings

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

5,989

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$2,780,000

Asking Price

$2,780,000

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

5,989

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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