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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,799,900
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
Location, Location, Location!!! One of the most attractive subdivisions in all of Halifax/Dartmouth- Fairmount Subdivision is the setting for this fully renovated fourplex. With a rental income in excess of 10k a month, the numbers work well here. Could be the perfect place for an owner occupied situation as well. There is a 4 bedroom, 3 bedroom, and 2 x 2 bedroom units, all are currently rented. There is also an attached double car garage and a detached single car garage also rented out. Huge park like backyard and lots of parking. Come have a peak and make it yours. (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
157-159 Crown Drive
Postal Code
B3N1L2
Location Highlights
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Listed by
Royal LePage Atlantic Nova Scotia 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
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
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
$1,799,900
Asking Price
$1,799,900
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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