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Apartment Building For Sale at 1491 BEACH CRESCENT in Quesnel, British Columbia

4 Sale ID #94121
Updated 02 May 2024

Asking Price

$889,900

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

Lot Size

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Building Size

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Premise Summary

* PREC - Personal Real Estate Corporation. Immaculate executive duplex just down the street from the World-famous Dragon Lake! Each side is a bright and spacious 2 bedroom, 2 bathroom home with plenty of storage and the family room upstairs could easily be converted into a third bedroom if needed. This home was built to last and it shows! The spacious yard is .37 of an acre and each unit has a storage shed and a patio space to enjoy the manicured landscaping and a single attached garage, which makes it an amazing home or investment! (id:39198)

  • MLS® : #R2709304
  • Date Listed : 15 Jul 2022

Location

Province

British Columbia

City

Quesnel

Address

1491 Beach Crescent

Postal Code

V2J4J5

Location Highlights

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Listed by

RE/MAX Quesnel Realty (1976) 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

1,366

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

$889,900

Asking Price

$889,900

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.

N/A

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.

N/A

Premises Size (square feet)

1,366

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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