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Apartment Building For Sale at 3021 WALKER ROAD in Windsor, Ontario

4 Sale ID #219417
Updated 29 Apr 2024

Asking Price

$799,900

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

ATTENTION INVESTORS & BUYERS! THIS HOME IS CENTRALLY LOCATED CLOSE TO E C ROWWITH GREAT CASH FLOW. THIS HOME HAS BEEN EXTENSIVELY RENOVATED, COMES WITH APPLIANCES, MAIN FLOOR IS A 2 BEDROOM RENTED FOR $1500/MTH, UPPER 1 BEDROOM @ $1200/MTH, LOWER MOTHER INLAW SUITE @ $1000/MTH, SHARED LAUNDRY, UPPER & LOWER ARE MONTH TO MONTH. ADD TO YOUR CASH FLOW BY RENTING THE LARGE DETACHED GARAGE/WORKSHOP, FINISHED, HEATED W/EPOXY FLOORS, 2 PC BATH, GREAT FOR WAREHOUSING, CARPENTRY ETC. PARKING FOR UP TO 10 CARS. (id:39198)

  • MLS® : #24006395
  • Date Listed : 27 Mar 2024

Location

Province

Ontario

City

Windsor

Address

3021 Walker Road

Postal Code

N8W3R4

Location Highlights

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Listed by

MANOR WINDSOR REALTY LTD. - 455 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

$799,900

Asking Price

$799,900

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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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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