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Benefits
Asking Price
$1,150,000
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
Prince Albert Saskatchewan,12-Unit Apartment Building. Discover your investment opportunity in this remarkably well maintained 12-unit apartment building. With a live-in caretaker and a welcoming, homey atmosphere, this property offers both a comfortable living experience for tenants and an attractive investment prospect for you. Key Features: Well-maintained property with a dedicated live-in caretaker Homey atmosphere that tenants love. Low vacancy rate, ensuring consistent rental income. Numerous upgrades for added value and tenant satisfaction. Community garden for a green and communal space. Easy access to transit options and shopping. Serenely nestled in a quiet, residential neighborhood Whether you're an experienced investor looking for a property with a solid track record or a newcomer seeking a promising venture, this 12-unit apartment building is an opportunity you won't want to miss. Contact your real estate agent to schedule a viewing and explore the potential of this exceptional property. (id:39198)
Location
Province
Saskatchewan
City
Prince Albert
Address
36 20th Street W
Postal Code
S6V4E8
Location Highlights
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Listed by
Century 21 Fusion Saskatchewan 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
0
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
$1,150,000
Asking Price
$1,150,000
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)
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
N/A
Market Competition
N/A
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