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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,325,000
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
Presenting a prime investment opportunity: a fully leased 10-unit multiplex steps from downtown Trenton. Recently updated with several major capital investments - this property offers separately metered units, 10 parking spaces, strong cash flow, and plenty of future potential. Additional building information is available in supplements, Financial info upon request, Square Footage is approx. **** EXTRAS **** 10 Units Total - 6 two-bedroom units, 4 one-bedroom units. Total - 16 Bedrooms, 10 bathrooms, 10 kitchens. (id:39198)
Location
Province
Ontario
City
Quinte West
Address
90 Creswell Dr
Postal Code
K8V3G8
Location Highlights
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Listed by
KELLER WILLIAMS EDGE REALTY Ontario 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
5,000
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
N/A
Financial Information
Yearly Rate
$1,325,000
Asking Price
$1,325,000
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.
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)
5,000
Other Information
Owner willing to Finance
N/A
Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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