Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$820,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
$$ Major Money Maker $$ Entire side x side duplex for sale!!! This investment property generates over $7k/month in rent and operates with low expenses. The property offers a total of 10 bedrooms, locked storage room, 4 full bathrooms, secure shed and over 1,700 SQFT of development. The main levels (almost mirror images) have 3 bedrooms per side with a full 4 piece bathroom. The lower levels each have 2 good size bedrooms with another full bathroom, kitchenette and living area or dining area. Upgrades include 2 new furnaces, 2 new hot water tanks, 2 new stoves and newer LVP in most areas. This investment is perfect for a seasoned investor with property managers skills, or first-time investors looking to self-manage and make great supplemental income while earning equity. Current owners will turn over property with all info needed to run a successful rooming house and a few hours of consult time, if requested. Property is turnkey (id:39198)
Location
Province
Alberta
City
Calgary
Address
22a
Postal Code
T2C0X5
Location Highlights
N/A
Listed by
Royal LePage Solutions Alberta listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
1,731
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$820,000
Asking Price
$820,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,731
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
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
