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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,250,000
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
N/A
Building Size
N/A
Premise Summary
A unique & reliable investment opportunity is presented within the ownership of this custom built group home, providing stable and predictable investment performance at 9512 154 Street. Located in the budding community of Sherwood West Edmonton, the 2923 sq. ft. group care facility has 6 rooms for tenants, with full mobile accessibility and safety in mind. Features include; full life safety systems in fire suppression & alarms, medical care facility grade finish within the space, & wheelchair accessibility for main floor of facility. Full legal 2 bed upper level suite provides flexibility for live-in caretaker quarters, or additional accommodation for tenants. Confidence in this asset can be maintained as there is a long term group home operator leasing the space, providing a steady and predictable monthly income. Oversized garage & loading/pad space a plus for daily operations. Your asset's operating expenses are reduced with ZERO municipal property tax & group home operator maintenance responsibility! (id:39198)
Location
Province
Alberta
City
Edmonton
Address
9512 154 St Nw
Postal Code
T5P2E9
Location Highlights
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Listed by
Exp Realty Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
N/A
Available Space
N/A
Building Size
2,923
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
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
$1,250,000
Asking Price
$1,250,000
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.
N/A
Premises Size (square feet)
2,923
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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