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Apartment Building For Sale at 917 102 Avenue in Dawson Creek, British Columbia

4 Sale ID #138933
Updated 04 May 2024

Asking Price

$499,900

Cap Rate help 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

INVESTOR ALERT! Affordable Accommodation AT A REASONABLE price! Are you looking for a TURN KEY investment based on easy walking distance to amenities, and multiple suites with their own cooking facilities? All furniture and appliances included. Contact your realtor if you'd like info regarding ROI. Priced at WAY below 2023 BC Assessment ($788,100) Owner is retiring, so quick possession possible. If this sounds like it could work for YOU, call NOW and set up an appmt to VIEW! (id:39198)

  • MLS® : #199723
  • Date Listed : 15 Jun 2023

Location

Province

British Columbia

City

Dawson Creek

Address

917 102 Avenue

Postal Code

V1G2B5

Location Highlights

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Listed by

RE/MAX Dawson Creek Realty British Columbia listing

Category

apartment-buildings

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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

$499,900

Asking Price

$499,900

Cap Rate help 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 help 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 help 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 help 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

N/A

Market Competition

N/A


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