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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,795,000
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
Location, Location, Location! Fourplex located in the sought-after West-End Halifax on the corner of Mumford Road and Leppert Street. This fourplex features: two Townhouse style units (4 bedrooms, 2.5 bathroom & a 3 bedrooms, 2.5 bathrooms) and two 1-bedroom, 1-bathroom units featuring in unit laundry, granite countertops, master bedrooms with ensuites and much more. 6926-6932 Mumford Road is a maintenance free brick building, new windows, roof and a newly composite deck added in 2024, paved driveway behind the building allowing for ample amount of parking. Located in the heart of the city, minutes away from major highways, both bridges, minutes to bayer's lake and downtown Halifax, walking distance to schools, shopping centres, grocery stores, bus stop terminals, golf course, gym, and many more amenities. Book your private viewing today! (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
6926 - 6932 Mumford Road
Postal Code
B3L2H5
Location Highlights
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Listed by
Royal LePage Atlantic Nova Scotia 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
$2,795,000
Asking Price
$2,795,000
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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