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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,795,000
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
N/A
Premise Summary
Both side by side non-strata three-bedroom duplex units on 50x125 lot near Arbutus Street. West coast style with vaulted ceilings, skylights, fireplaces and ample storage. Landscaped frontage, separate rear lush private patios, gated carport, garage and garden. 15/50-year warranty roof in 2019 and new gas HW tanks in 2021. RT-7 zoning with future development opportunities with the Broadway Plan and Homes for B.C. Move in and/or hold with market rental revenue. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
2146 W 15th Avenue
Postal Code
V6K2Y5
Location Highlights
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Listed by
Heller Murch Realty British Columbia 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
4,216
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
$3,795,000
Asking Price
$3,795,000
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)
4,216
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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