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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$695,900
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
Elevate your investment portfolio with this immaculate triplex. For savvy investors seeking an outstanding opportunity, this triplex is for you. Each of the three units boasts 3 bedrooms and 2 full bathrooms, offering tenants a spacious and comfortable living environment. The contemporary open-concept layout, in-suite laundry facilities, and dual living rooms ensure a high demand for tenancy. Two of the units are equipped with decks that offer great views as well as add an additional living or entertaining area, making them highly desirable for potential tenants. The dedicated parking spots for each unit, coupled with ample street parking due to the corner location, make this triplex an attractive choice for renters seeking convenience. With the property being just a few years old and meticulously maintained, investors can more easily attract and maintain responsible, long-term tenants. Furthermore, the prime location ensures easy access to essential amenities, schools, and popular entertainment spots, making it an enticing prospect for tenants looking for a blend of convenience and comfort. Don't miss out on this exceptional investment opportunity; schedule a viewing today and witness firsthand the potential this triplex holds for your investment portfolio! (id:39198)
Location
Province
Alberta
City
Clairmont
Address
9543 113 Avenue
Postal Code
T8X5C5
Location Highlights
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Listed by
Grassroots Realty Group Ltd. 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
2,238
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
$695,900
Asking Price
$695,900
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)
2,238
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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