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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$524,900
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
Front to back, Full duplex, on 1 title! Fabulous opportunity to take you rental portfolio to the next level with this legal duplex. Each unit is 837 sq. ft. on the main level with another 787 sq.ft. in the lower level, has 3 bedrooms and 2 full bathrooms. Maximum privacy between the front half and back half as there is no shared living space, separate entrances, separate parking, separate laundry, separate furnaces, and separate utilities. Central air conditioning for each unit as well. The room measurements below are from unit 1, but both units are virtually identical in dimensions. Roof hip and ridge capping was replaced in 2025. The current tenants have been there for several years and are on a month to month lease agreement. Contact your preferred agent of choice and book your showing asap! (id:39198)
Location
Province
Alberta
City
Lethbridge
Address
12a
Postal Code
T1H2J3
Location Highlights
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Listed by
Royal Lepage South Country - Lethbridge 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
1,675
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
$524,900
Asking Price
$524,900
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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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)
1,675
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
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