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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,728,000
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
Big 4 Suite Hse plus Luxury Laneway Home (total 5 units) w Huge Income on 50'X122' (6100 SF) South R1-1 lot w Great Multi Family Development Potential! Main Hse, 3 Lvl 2723 SF, 4 S/C Suites: TOP 2 Bdrm $2100/mo; MAIN 2 Bdrm w big living, dining, kitch, big deck, $3250/mo. GRD 2 cute Studios, $1245/mo & $1425/mo. REAR: Luxury 2 Lvl Laneway Hse, 1030 SF, 3 Bdrm 2 Bath, Fully Furnished & Equipped $4295/mo. Tot $12,315/mo, $147,780/yr w upside! Superb Loc, steps to transit, shops, parks, etc mins to UBC, D/T. INVESTORS: Easy Care w solid Rev & Future Potential! OWNER OCCUPIERS: live in Main Floor & collect $9065/mo or Live in Laneway, collect $8020/mo! DEVELOPERS: New R1-1 Zoning, allow up to 6-8 Units, ie Keep 8 yr old Laneway Hse & Build New 4-6 Units in front. Show by Appt 2 Day Notice. Call LS Info Pkg. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
3346 W 10th Avenue
Postal Code
V6R2E6
Location Highlights
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Listed by
RE/MAX Real Estate Services 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
2,723
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
$3,728,000
Asking Price
$3,728,000
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)
2,723
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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