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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,990,000
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
*ATTENTION INVESTORS* Great Investment Opportunity With Solid Tenants In The Heart Of Downtown Oshawa. This Condo Titled Building Has A Cap Rate Of Over 5% W/ Lots Of Rental Upside Potential. Recently Renovated Including All Major Mechanical Systems. ***Property Appraised At $5.76M At Full Tenancy!! Right Across Ministry Of Finance, Adjacent To Go Bus Terminal And Ample Parking. Surrounded By Amenities Such As Banks, Restaurants, Etc. *MOTIVATED SELLER* **** EXTRAS **** Over 5% Cap. Solid Tenants: Eyes Childcare, Coffee Culture, Durham Region. Bus Stops At The Building. Downtown Location, Across Ministry Of Finance, Across Cibc. (id:39198)
Location
Province
Ontario
City
Oshawa
Address
22 King St W
Postal Code
L1H1A3
Location Highlights
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Listed by
RE/MAX GOLD REALTY INC. 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
24,000
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
$4,990,000
Asking Price
$4,990,000
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.
N/A
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)
24,000
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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