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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$925,000
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
Prime Investment Opportunity in Winston Heights! Calling all savvy investors! Don't miss out on this golden opportunity to expand your portfolio with this exceptional full duplex on a spacious 50x120 lot. Located in one of Calgary's most promising neighborhoods, this property offers two units, each brimming with rental potential. Unit 210 boasts 3 bedrooms on the upper floor, with an additional bedroom on the main floor, offering multiple entrances for added convenience. Meanwhile, Unit 212 features 3 generously sized bedrooms upstairs and 2 bedrooms on the main floor. Both units offer three separate entrances for ease of access. Adding both units, this property is 4712 sqft. Whether you're a seasoned investor looking to diversify your holdings or a newcomer eager to enter the lucrative world of real estate investment, this full duplex in Winston Heights presents a rare chance to secure your financial future. Take advantage of Calgary's thriving real estate market and arrange a viewing with your preferred realtor today to capitalize on this lucrative opportunity! (id:39198)
Location
Province
Alberta
City
Calgary
Address
210 212 31 Avenue Ne
Postal Code
T2E2E9
Location Highlights
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Listed by
eXp Realty 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
4,712
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
$925,000
Asking Price
$925,000
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)
4,712
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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