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Apartment Building For Sale at 32726-32730 7TH AVENUE in Mission, British Columbia

4 Sale ID #196121
Updated 29 Apr 2024

Asking Price

$1,950,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Legal Duplex with accommodation which has not been authorized in basement. The lot is 70 by 205 feet (14,350 sq.ft.) The duplex location is excellent, just minutes to all levels of schools, shopping, recreation centre, parks, churches, transportation at your step, and WestCoast Express. All suites have been updated. The whole of the property is very worthy of viewing and considering. Call for further details. (id:39198)

  • MLS® : #R2841887
  • Date Listed : 11 Jan 2024

Location

Province

British Columbia

City

Mission

Address

32726-32730 7th Avenue

Postal Code

V2V2C1

Location Highlights

N/A

Listed by

Homelife Advantage Realty (Central Valley) Ltd. British Columbia listing

Category

apartment-buildings

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

3,000

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 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

N/A

Financial Information

Yearly Rate

$1,950,000

Asking Price

$1,950,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

3,000

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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