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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,000
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
Investment Opportunity! Check out 185 Old Beaver Bank Road, a fully leased triplex with a bonus backyard in-law suite. There are 2 x 2-bed units, a 3-bed unit on the lower level, and a bonus back-yard cottage with 1-bed on 2 levels. There are 8 bedrooms in total, 4 bathrooms, 3 heat pumps, and a brand-new hot water propane boiler with 5 propane tanks. Each unit in the main house has a heat pump and there are 3 separate power meters. All units have propane hot-water baseboards, a separate laundry in each (4 in total), plus 2 sheds, and a live-in caretaker with a separate workshop. The location can't be beat with views of Little Sackville River and only 5 minutes to the shops on Sackville Drive. Add this beauty to your portfolio! Viewings require 24 hours? notice, so don?t delay?book your viewing today! (id:39198)
Location
Province
Nova Scotia
City
Lower Sackville
Address
185 Old Beaver Bank Road
Postal Code
B4E1J5
Location Highlights
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Listed by
Sutton Group Professional Realty 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
$799,000
Asking Price
$799,000
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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