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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,999
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
Introducing a stellar investment opportunity at 14 Water St, featuring an 8-unit residential building in a prime Campbellton location. This property offers a mix of 5 one-bedroom and 3 two-bedroom units, each designed to cater to modern living demands. Recent renovations have been selectively applied to enhance 7 of the units, with some boasting completely revamped kitchens and bathrooms, while others have been refreshed with new flooring and a crisp coat of paint. This variety ensures that each unit has its own charm and appeal, meeting a wide range of tenant preferences. The building also includes a convenient laundry facility, adding everyday ease for residents. Situated just a short walk from scenic waterfront views, the location perfectly complements the living experience, making it highly desirable for tenants seeking quality and comfort. Whether you are expanding your real estate portfolio or starting a new investment venture. Explore this property today and envision the opportunities that await. (id:39198)
Location
Province
New Brunswick
City
Campbellton
Address
14 Water
Postal Code
E3N1A4
Location Highlights
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Listed by
Keller Williams Capital Realty (C) New Brunswick 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
$599,999
Asking Price
$599,999
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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