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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$269,900
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
INCOME PROPERTY IN DOWNTOWN AMHERST! Nice 4-unit building with low vacancy rate and many recent updates. This great investment opportunity ready to start working for you! Recent updates to this building include newer furnaces (2), new steps/work to egress and a new roof in 2017. This building is a stones throw from downtown Amherst making it attractive topotential non-driving tenants. If you are considering getting into the income property world or looking at expanding your portfolio-this one should be on your list to see! Call today! (id:39198)
Location
Province
Nova Scotia
City
Amherst
Address
9 West Victoria Street
Postal Code
B4H1B7
Location Highlights
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Listed by
RE/MAX County Line Realty Ltd. 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
$269,900
Asking Price
$269,900
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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