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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$439,000
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
Backing onto Gordon Bryant Park with some fun, short trails and a basketball court. Moore's Meadow close for longer walks. What a great investment opportunity. SxS duplex with large fenced yard. Each side has 3 bdrms and full bath upstairs. Main floor has living room, dining, kitchen and 1/2 bath. 106 rented: Kitchen and baths need renos... 102 is currently vacant and undergoing some clean up and repairs, including new windows in bsmt and main bath upstairs. Furnaces and roof are older... priced accordingly... Full bsmt on both sides. Close to shopping, bus routes and schools. Excellent family neighborhood, longer term tenant in 106 is wanting to stay... more details available from listing agent (id:39198)
Location
Province
British Columbia
City
Prince George
Address
102-106 Mclean Drive
Postal Code
V2M4R3
Location Highlights
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Listed by
RE/MAX Core Realty British Columbia 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
2,224
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
$439,000
Asking Price
$439,000
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)
2,224
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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