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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,290,000
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
Incredible Opportunity! This 3.5-storey building, offers secure underground parking and comprises 12 individually strata-titled units. The entire building is currently fully occupied, generating a substantial rental income of almost 250k/yr. This presents an excellent opportunity for ongoing income generation or the potential to sell individual units in the future. This 12-unit building is strategically located on a spacious 66' x 99.5' lot, perfectly situated within the Marpole Community Plan. Comprising 2 studio apartment, 3 one bedroom units, 5 two bedroom units and 2 three bedroom units. Don't miss out - call today to schedule a tour and receive our comprehensive information package. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
8851 Granville Street
Postal Code
V7V1Z3
Location Highlights
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Listed by
Royal Pacific Realty Corp. 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
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
$5,290,000
Asking Price
$5,290,000
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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