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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,100,000
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
N/A
Building Size
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Premise Summary
Income revenue. Legal 4 Plex. Townhouse style right in the heart of Mission. Great cash flow. Always fully rented. Has had some upgrades in recent years, electrical system totally redone and replacement of plumbing fixtures and piping throughout. Virtually problem free rental each unit has 3 bedrooms up and full bath. Downstairs has kitchen dining room, living room and 2 piece bathroom. Each unit comes with 5 appliances and all utilities are individually metered and paid by tenants. Lane access for parking, storage shed and storage locker for all units. Lot size is 99 x 144...14306 Sq.Ft--.MT-1 ZONING ZONED NOW FOR TOWNHOUSES AND CONDO,S WITH CIY APPROVAL. This one is an absolute winner. Please do not disturb tenants or enter the premises without appointment. (id:39198)
Location
Province
British Columbia
City
Mission
Address
32978 7th Avenue
Postal Code
V2V2C7
Location Highlights
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Listed by
Homelife Advantage Realty (Central Valley) Ltd. 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
4,669
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
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
$2,100,000
Asking Price
$2,100,000
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.
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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)
4,669
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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