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Apartment Building For Sale at 227 Regent Street in Sudbury, Ontario

4 Sale ID #210145
Updated 30 Apr 2024

Asking Price

$1,199,000

Cap Rate help 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

**7-Unit Gem in Prime West End Location: A Legacy of Quality and Care** Nestled in the heart of the vibrant West End, this meticulously maintained 7-unit brick building exudes charm and functionality, with 6 residential units and a ground level commercial space. Experience the enduring beauty and lasting value of all-brick construction. This solid structure ensures exceptional durability, energy efficiency, and low maintenance costs, providing peace of mind for years to come. Situated on a busy street with excellent pedestrian and vehicular traffic, this property offers exceptional visibility and accessibility. Parking is available for customers and tenants, ensuring convenience and ease of access. The building boasts a strong rental history. This property shows excellent returns (id:39198)

  • MLS® : #2115379
  • Date Listed : 01 Mar 2024

Location

Province

Ontario

City

Sudbury

Address

227 Regent Street

Postal Code

P3C4C6

Location Highlights

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Listed by

REAL BROKER ONTARIO LTD, BROKERAGE Ontario listing

Category

apartment-buildings

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

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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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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

$1,199,000

Asking Price

$1,199,000

Cap Rate help 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 help 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 help 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 help 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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