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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,499,000
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
INCREDIBLE INVESTMENT OPPORTUNITY Live in luxury in a gorgeous 2020 build fourplex in the desirable community of Bowness / Montgomery with tons of upgrades, PRIVATE ROOFTOP PATIO and fantastic views! Brand new construction in 2020 Stunning executive fourplex units with generous floor plans to maximize the space of each of these luxury two storeys. This elegant design building features four units with 2 upper bedrooms plus one in the basement and 3 1/2 bathrooms in spacious floor plans of 1436 sq ft for each unit. On the main floor, kitchens will be an absolute dream with high-end appliances including cooktop, island and generous-sized pantry. The statement stone fireplace wall enhances the opulence of the hub of these units. Upstairs are two large and beautiful bedrooms which will each have their own ensuites. Your very own private rooftop terrace completes this outstanding unit. A fully finished basement with a third bedroom, full bathroom, rec room and shiny wet bar will provide extra space for your family living. Perfectly situated in the high-demand, mature, and family-friendly community of Montgomery offering something for everyone. This community has character and charm, a lushly treed neighbourhood, boasting shops, restaurants, and great schools. Just a short stroll to Market mall and UOC. Don't let this fantastic opportunity slip by, call your realtor today to book your showing! (id:39198)
Location
Province
Alberta
City
Calgary
Address
4423 Bowness Road Nw
Postal Code
T3B0A7
Location Highlights
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Listed by
RE/MAX House of Real Estate 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
1,437
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
N/A
Financial Information
Yearly Rate
$2,499,000
Asking Price
$2,499,000
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)
1,437
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
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Market Competition
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