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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,900
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
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)
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
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
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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
$499,900
Asking Price
$499,900
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)
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
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Market Competition
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