Description Profitability 9.6% 4 New Commercial Premises
The premises are located on a street with high vehicular traffic and with several residential areas around it, an area of high housing growth with schools and colleges nearby.
They generate a monthly rental income of $4,000 dollars:
Local 1 $1,200
Local 2 $1,200
Local3 $800
location 4 $800
The four premises are rented with three-year contracts, two of which began in November 2018 and the other two in March 2019.
The rental payment does not include payments for public or private services, such as internet and cable, which are the responsibility of the tenant, as well as their permits and operating license.