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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,499,888
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
Investors and builders - opportunity knocks. Each property's asking price is $1,499,900. Prime Elboya location only 5 minutes to Calgary downtown, Chinook Mall and LRT station. 4724 and 4728 Stanley Road SW these (LEGAL) 2 x 4 plexes have 2 bedrooms, self-contained units with front and back entrances and in-suite laundry in every unit. Long-term tenant's rents are very low potential to increase rentals. 3 double detached garages. MC-2 zoning allows up to 16.0 meters of height building. Each lot is 60 ft frontage and 125ft deep with a back lane. Combined lot size 120 ft front and 125 ft deep. Well-maintained units, no sign on the property. Please do not disturb tenants. For more information, call your favourite realtor. (id:39198)
Location
Province
Alberta
City
Calgary
Address
4724 Stanley Road Sw
Postal Code
T2S2R2
Location Highlights
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Listed by
RE/MAX Real Estate (Mountain View) 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
17,933
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
$1,499,888
Asking Price
$1,499,888
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)
17,933
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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