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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
33X150 Corner lot in the central community of Eastwood. The neighbourhood is seeing a ton of infill development including some side by side duplex, skinny homes, fourplex and triplexes on corner lots. There is a cash flow positive 8plex just across from this lot. Endless opportunities for the right investor/builder. Seller is open to Joint-venture opportunities as well and is willing to carry the mortgage while the project is being built. Currently has an old house on the lot which can be cleared off by the seller. This lot can build upto 6 units that can qualify for the CMHC MLI Select program. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
11948 88 St Nw Nw
Postal Code
T5B3S1
Location Highlights
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Listed by
MaxWell Polaris 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
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
$299,900
Asking Price
$299,900
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)
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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