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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,199,000
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
Price Reduced! Fully UPDATED turn key BOTH 3 level SIDE BY SIDE DUPLEXES with in law suites located on the view side of highly sought after Lochdale Street in prestigious Parkcrest neighbourhood. 10 beds and 8 baths. 3 bed and 3 bath each with 2 bed and one bath on each side. Rare opportunity for Multigenerational families and investors with great revenue generation. Expansive 75' x 132' =9900 sf R4 zoned corner LOT with lots of parking and lane access. Beautifully interior designed units with open floor plans, designer kitchens and bathrooms, high end finishing. Plenty of parking in the back with double car enclosed garage. Extremely central location with walking distance to all lvl schools, amenities, restaurants, parks, transit and more. Minutes to SFU and the Amazing Brentwood. (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
6523 Lochdale Street
Postal Code
V5B2M7
Location Highlights
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Listed by
Sutton Group-West Coast Realty British Columbia 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
4,006
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
$3,199,000
Asking Price
$3,199,000
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)
4,006
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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