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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$844,900
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
Great Six Unit Investment Opportunity Featuring Four 3 bedroom suites 1138 sq ft in size & Two 1 bedroom suites. There is a central front and back entrance's and a central enclosed staircase to all the suites. The four 3 bedroom one level suites features 5 appliances including en-suite laundry. Entertaining size living room with a garden door out onto a fenced balcony. Galley Kitchen with lots of cupboards & counter space and a separate dining area. Three generous size bedrooms. Top floors have vaulted ceilings. Two 1 bedroom basement suites with 3 appliances plus shared laundry. Plenty of parking in the back of the property with alley excess. Close to Schools, Shopping, Restaurants, Parks, River Valley and Public Transportation make it easy to find good tenants. This building has been well maintained and shows pride of ownership. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
11830 48 St Nw
Postal Code
T5W2Y5
Location Highlights
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Listed by
Homelife Guaranteed Realty Alberta 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
2,885
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
$844,900
Asking Price
$844,900
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)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
2,885
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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