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Apartment Building For Sale at 1308/1310 108 Avenue in Dawson Creek, British Columbia

4 Sale ID #116302
Updated 28 Apr 2024

Asking Price

$499,900

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

A 4-plex (4 -1 bedroom, 1 bathroom units w/ laundry) and a 2100 sq/ft 3 bedroom house with a full basement on a huge lot backing onto the creek. The 4 plex consists of 4 1-bedroom units that have all had extensive renovations. Such as vinyl siding, windows, upgraded electrical and plumbing, newer flooring, kitchen, bathroom and interior and exterior doors. There is also a bungalow with a full basement that has had the same renovations with a partially finished basement. The basement does have a separate entrance if you wanted to put a suite back in. Most of the reno's were completed in 2017. 4-plex is rented and the house is also rented. Call today for a rental package. (id:39198)

  • MLS® : #197285
  • Date Listed : 21 Dec 2022

Location

Province

British Columbia

City

Dawson Creek

Address

1308/1310 108 Avenue

Postal Code

V1G2T1

Location Highlights

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Listed by

RE/MAX Dawson Creek Realty British Columbia 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

0

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

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Financial Information

Yearly Rate

$499,900

Asking Price

$499,900

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)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

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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