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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,398,800
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
Lot Size
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Building Size
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Premise Summary
Multi residential opportunity on 1/4 acre parcel across from the waterfront of Kempenfelt Bay and high density condo development. This property comprises of two buildings, one eight plex plus a detached rental home. Each unit features 1 bedroom unit. Tenants are responsible for covering their own gas, hydro, water and cable expenses. Information on income and expenses available on request. Property must be purchased with neighboring property at 1 Berczy St, Barrie. (id:39198)
Location
Province
Ontario
City
Barrie
Address
194 Dunlop Street E
Postal Code
L4M1B4
Location Highlights
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Listed by
Century 21 B.J. Roth Realty Ltd. Brokerage 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
4,300
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
$2,398,800
Asking Price
$2,398,800
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.
N/A
Premises Size (square feet)
4,300
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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