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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,750,000
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
2484, 2486, 2488, 2490 West 4TH AVENUE. Rare opportunity to own this very unique NonStrata FOUR-plex in Kitsilano, one of the most desirable areas in Vancouver Westside. Walking distance to all shops, restaurants and beaches. Functional layout, each suite has its own private entrance, ensuite baths and balcony/patio. All Two 2 bedroom suites, One 2 bedroom and a den and a 3bedroom are currently rented out. 4 designated parking spots at the back lane, Spacious storage lockers and bike room at the basement. This property is custom and quality built and well maintained over the years. All 4 suites are being sold altogether. Don't miss out this opportunity! (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
2484-2490 W 4th Avenue
Postal Code
V6K1P3
Location Highlights
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Listed by
Royal LePage Westside 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
4,697
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
$3,750,000
Asking Price
$3,750,000
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)
4,697
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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