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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,195,000
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
Unlock an outstanding investment opportunity with this all-new construction, purpose-built fourplex, showcasing spacious, fully occupied units that include three expansive 4-bedroom residences and one generous 6-bedroom unit, each offering the convenience of in-unit laundry. Strategically positioned in a prime locale, just steps from Rideau Centre, the University of Ottawa, lush parks, and a wealth of amenities, this property is nestled in one of the city's most thriving rental sectors. With a solid stream of current rental income and remarkable potential for future expansion, this is a must-see prospect for astute investors in search of a superior opportunity within a high-demand location. Secure your financial future with this exceptional investment proposition. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
458 Nelson Street
Postal Code
K1N7S8
Location Highlights
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Listed by
AVENUE NORTH REALTY INC. Ontario 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
$3,195,000
Asking Price
$3,195,000
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
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Market Competition
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