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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$939,000
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
Ideal Investment Opportunity! Nestled in Windsor Park, this side-by-side duplex sits on a spacious 50x120FT R-2 Lot with a sunny south-facing backyard, offering abundant potential. With two non-conforming suites downstairs, this property is grandfathered as a 4plex, each unit boasting separate entrances. Conveniently located near Elbow Drive, Chinook Mall, and various amenities, it presents endless possibilities, whether for generating rental income or constructing your dream home. Currently, the property yields $4,800/month in rent on month-to-month leases, making it an attractive prospect for discerning investors seeking versatility and potential in a sought-after neighborhood. To minimize disturbance to tenants, there's no "For Sale" sign on the property, and viewings will be accompanied by the listing agent. Don't miss out on this exceptional opportunity! (id:39198)
Location
Province
Alberta
City
Calgary
Address
435 & 437 55 Avenue Sw
Postal Code
T2W0X2
Location Highlights
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Listed by
Skyrock Alberta 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
1,797
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
$939,000
Asking Price
$939,000
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)
1,797
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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