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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,500,000
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
New (2023) 2 Storey Fourplex In Downtown Rockwood. Great Cap Rate. Four 3 Bedrooms Units, 1.5 Baths each, 9 Ft. Ceilings, Pot Lights. Individual: Laundry, Gas, Hydro & Water Meters, Private Balconies& Parking Spaces, Custom Kitchens With Quartz Countertops, White Shaker Kit. Cabinets & More. Each Unit Is Appx. 1250 Sq. Ft., Zoning Is Commercial/Multi Residential. 10 Minutes Drive To Guelph University, Go Bus Stop Directly In Front Of The Building & Walking Distance To Buses, Shopping, Parks. All 4 Units are occupied At a monthly rental of $2,850.00 + Utilities. 90% Finished Lower Level 5th Unit (2 Bed. 1 Bath, Kitchen & Laundry) + Rec. Rm. w/Potential 6th unit . Full set of SS Appliances for each unit. Individual central Heat/AC each unit. Description above is for each unit,2 units on main floor & 2 units on 2nd floor. Potential 5th & 6th unit in basement, allowed for within the zoning, see attached floor plan. A Great Investment Opportunity. **** EXTRAS **** Lower Level is conf. for a Rec. Rm. or a potential 5th & 6th unit, 9 Ft. Ceiling : 2 Bdr. 1 Bath, Kit. & Laundry Rm. & large egress windows: 3 in Living area + 1 in each bedroom. Lower level showings; other units only with accepted offer. (id:39198)
Location
Province
Ontario
City
Guelph/eramosa
Address
168 Alma St
Postal Code
N0B2K0
Location Highlights
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Listed by
ROYAL LEPAGE SIGNATURE REALTY Ontario 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
$2,500,000
Asking Price
$2,500,000
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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