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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,698,885
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 epitome of multi-family residential excellence in Allendale's sought-after southside locale all standing near the University of Alberta, Ravine trails, Whyte Ave amenities & close to Southgate Mall. Crafted & Built by the original owner with meticulous care, the quality shows in this rare & pristine asset. The hot water heating system is powered by a Super Hot boiler,13 electrical meters, storage, shed,14 electrified parking stalls on separate breakers & more. Experience expansive suite layouts that exude spaciousness. Nestled on a sprawling 12,560 sq ft corner lot, its picturesque landscaping captivates. Each unit is comes with a full size fridge, electric stove & Built-in dishwasher, while upper units have a balconies & with a Gross annual income of over $150,000, this building wont disappoint. Large 6 foot wide hallways & spacious stairs enhance accessibility, while a flawless management record underscores ease of maintenance. When Location, Quality & Timing all come together - Perfect! (id:39198)
Location
Province
Alberta
City
Edmonton
Address
6925 105a St Nw
Postal Code
T6H2R4
Location Highlights
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Listed by
RE/MAX River City 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
11,800
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
$1,698,885
Asking Price
$1,698,885
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.
N/A
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)
11,800
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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