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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,800,000
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.
$0
Lot Size
120 (Hectares)
Building Size
0 (Sq. Ft)
Premise Summary
This is a multi-family development site, zoned RA8. The proposed development is a 6-storey multi-unit housing building located in the Strathcona community. The proposed building consists of a small, one-level underground parkade and 45 units. The density could be increased. The site is situated in a prime location - near the University of Alberta campus, a block from White Avenue, adjacent to a busy on-street bike lane and major transit corridor, the new development plays a significant role in the urbanization and densifying of the Strathcona Community through positive methodologies, while integrating into the energy and culture of White Avenue.
Premise Highlights/Amenities
Location
Province
Alberta
City
Edmonton
Address
N/A
Postal Code
T6E 2C2
Location Highlights
WHITE AVENUE
Listed by
N/A
Category
Property Information
Premise Status
LEASED Premises
With Accommodation
N/A
Tenancy
N/A
Lot Size
120
Available Space
N/A
Building Size
0 (Sq. Ft)
Year Built
N/A
Years Remaining in Current Lease Term
0
Renewal Options
0
Operational Information
Number of Working Owners
0
Current Owner - years
N/A
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
$1,800,000
Asking Price
$1,800,000
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.
$0
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
$0
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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