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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$889,000
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
This turn of the century gem has been completely renovated! Taken down the studs and brick and rebuilt with all new electrical, plumbing, heating and finishing! Seller ran his laser and discovered this building with a 1/2 inch front to back! Great foundation! New torch on roofing too! Completely tenanted! 2 X 2 bedroom units, 1 commercial retail unit, 1 commercial retail with studio residential suite! Offered at a 5.7% CAP! Call your REALTOR(R) today! (id:39198)
Location
Province
British Columbia
City
Greenwood
Address
302 Copper Avenue S
Postal Code
V0H1J0
Location Highlights
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Listed by
Royal LePage Little Oak Realty British Columbia 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
$889,000
Asking Price
$889,000
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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