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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,900
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
Discover the ideal of convenience and investment potential with this splendid side-by-side duplex in an exceptional location. Close to downtown amenities. Each unit boasts a fully finished interior both upstairs and downstairs, featuring an open-concept design that maximizes the sense of spacious living. The property not only offers comfortable and contemporary living spaces but also presents an enticing investment opportunity for those seeking rental income or multifamily living arrangements. Each duplex features 3 bedrooms, 2 full bathrooms, 2 family rooms, great kitchen layout with centre island and corner pantry and attached garages! One side has never been lived in, other side is like new. The low-maintenance yard adds to the property's appeal, allowing owners to enjoy the benefits of a beautiful outdoor space without the hassle of extensive upkeep. Don't miss out on the chance to own a well-appointed and strategically located duplex that combines modern living with excellent investment prospects. (id:39198)
Location
Province
Alberta
City
Wetaskiwin
Address
5302 48 Avenue
Postal Code
T9A0N5
Location Highlights
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Listed by
CIR Realty 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
1,702
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
$499,900
Asking Price
$499,900
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)
1,702
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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