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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,695,000
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
Step into an exceptional investment opportunity with this all-new construction, purpose-built sixplex featuring generously sized, fully occupied units. Consisting of four expansive 4-bedroom units and two accommodating 6-bedroom units, each equipped with in-unit laundry, this property is a magnet for savvy investors. Nestled in a prime location just steps from Rideau Centre, the University of Ottawa, parks, and an array of amenities, it is strategically positioned in one of the city's most robust rental sectors. This outstanding property offers immediate rental income and substantial room for future growth. Don't miss your chance to explore this must-see investment, primed to deliver excellent returns in an unbeatable location. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
185 Henderson Avenue
Postal Code
K1N7P7
Location Highlights
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Listed by
AVENUE NORTH REALTY INC. 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
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
$3,695,000
Asking Price
$3,695,000
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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