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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,139,999
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
Welcome to this FULLY RENOVATED FULL DUPLEX wich is an AMAZING INVESTMENT opportunity with a TOTAL OF 10 BEDROOM, 4 BATHROOMS and tons of PARKING and future proximity to CITY OF CALGARY’S CTRAIN LINE. It contains 2 UPSTAIRS UNITS (3 Bedrooms each) WITH 2 ILLEGAL SUITES (2 bedrooms each) with SEPARATE ENTRANCES and 4 INDIVIDUAL LAUNDRY UNITS. All NEW exterior WINDOWS, DOORS, with freshly painted STUCCO. The basement rooms have new large LEGAL EGRESS WINDOWS. All supply line plumbing in this home is new, one high efficiency furnace is brand new and the other is recent; both freshly serviced. The top floors have luxurious TILED ELECTRIC FIREPLACES . All 4 units contain new RG6 and CAT56 cable for all your entertainment needs. Both basements are BRAND NEW and are recently developed with new plumbing, insulation, drywall, and finishing. This home has a recently done METAL ROOF! It contains BRAND NEW STAINLESS STEEL appliances IN EVERY UNIT (INCLUDING the TWO ILLEGAL SUITES)! IT NEEDS ABSOLUTEY NOTHING with everything new or recent!!!! Call your realtor for an amazing investment opportunity!! (id:39198)
Location
Province
Alberta
City
Calgary
Address
7645 & 7643 21a Street Se
Postal Code
T2C0W3
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
1,849
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
$1,139,999
Asking Price
$1,139,999
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)
1,849
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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