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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,190,000
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
Amazing investment opportunity! Fully rented 6 plex centrally located to major amenities. Consists of 2 x 3 bedroom units, 3 x 2 bedroom units, and 1 x 1 bedroom unit. All units rented. Laundry facilities on site. Future income growth possible with rent increases and turn over. Well maintained. Parking for 8+ vehicles. Income and expenses available upon request. All showings will be confirmed through listing agent. (id:39198)
Location
Province
Ontario
City
Springwater
Address
Shaw
Postal Code
L0L1P0
Location Highlights
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Listed by
RE/MAX HALLMARK CHAY 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
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
$1,190,000
Asking Price
$1,190,000
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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