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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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
Visit REALTOR® website for additional information. 2 Turn Key Waterfront Rental Units with spectacular sunrises! Current owner lives in the Loft and rents out the lower unit as a thriving Airbnb business. Loft Level is super bright, cathedral ceiling with 180 views of the waterfront & 2 patios, Dock level currently set up to sleep 7!+ Walk out to the water. Each unit has it's own laundry and equipped kitchens. Being sold complete with supplies for Great investment for renting or living. If you love watching birds or fishing, ice fishing or kayaking or snowshoeing on the ocean, you will love it here. (smaller cottage next door also for sale by same owner) (id:39198)
Location
Province
New Brunswick
City
Cocagne
Address
2 De La Mer Blvd
Postal Code
E4R2L9
Location Highlights
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Listed by
PG Direct Realty Ltd. 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
840
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
$499,000
Asking Price
$499,000
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)
840
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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