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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$235,000
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
Welcome to 307 Irving Blvd, located in beautiful Bouctouche is this side by side duplex. Only a 30-minute drive to Moncton, this property is sure to impress potential investors or first-time buyers looking for a mortgage helper. The main unit features an open concept living room, dining room and kitchen. A primary bedroom with a ensuite 2 pc bathroom, and 2 more good sized bedrooms, plus an additional full bathroom. The back unit would make a great in-law suite or can be used as a separate unit. Featuring a large living room with an open concept in the kitchen and dining area, 3 good size bedrooms and a large bathroom. This property is zoned R2 and there is a possibility to expand the building into a triplex or fourplex. Dont miss your chance to own this versatile property. CONTACT YOUR REALTOR® TODAY FOR A VIEWING. (id:39198)
Location
Province
New Brunswick
City
Bouctouche Cove
Address
307 Irving Blvd
Postal Code
E4S3K8
Location Highlights
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Listed by
Keller Williams Capital Realty 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
3,760
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
$235,000
Asking Price
$235,000
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)
3,760
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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