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Apartment Building For Sale at 173 Mission RD in Wawa, Ontario

4 Sale ID #213018
Updated 07 May 2024

Asking Price

$1,100,000

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.

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Lot Size

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Building Size

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Premise Summary

Attention Investors!! 15 Units with good standing tenants in prime location! Across the street to the grocery store, convenient store, beer store, and short walk to Tim Hortons. 8 Two Bedroom Units, 4 One Bedrooms Units, and 3 Bachelor Units. Coin Operated laundry facilities. So much room for income growth! Everything you want in an investment property, right here in Wawa, Ontario. Call for more details. (id:39198)

  • MLS® : #SM240449
  • Date Listed : 08 Mar 2024

Location

Province

Ontario

City

Wawa

Address

173 Mission Rd

Postal Code

P0S1E0

Location Highlights

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Listed by

Exit Realty True North Ontario 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

700

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

N/A

Financial Information

Yearly Rate

$1,100,000

Asking Price

$1,100,000

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

N/A

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.

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Premises Size (square feet)

700

Other Information

Owner willing to Finance

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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