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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,350,000
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
N/A
Premise Summary
Great Investment opportunity. Very well maintained Solid built 6 plex, 5 -2 bedrooms with full bathroom and 1 - 1 bedroom with full bath. Mostly Adult long term tenants. Each unit has its own furnace and Hot Water Tank, fire alarm. Common separate laundry that brings in approx. $80-100 a month. All the units are large and bright with big windows, 2 entrance/exits, laminate flooring. The furnaces are maintained regularly and 3 have been replaced recently. New exterior paint. Roof is approx. 15 years old. Outside parking stall for each unit. Excellent Revenue property. Rental income info available upon request. NO SIGN ON PROPERTY. PLEASE DO NOT DISTURB THE TENANTS. Tenants right apply so please allow enough notice for showing. Ideally weekends - Saturday 1-3pm (id:39198)
Location
Province
Alberta
City
Calgary
Address
1714 37 Street Se
Postal Code
T2A1E8
Location Highlights
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Listed by
URBAN-REALTY.ca Alberta 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
2,036
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
N/A
Financial Information
Yearly Rate
$1,350,000
Asking Price
$1,350,000
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.
N/A
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)
2,036
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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