Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$264,900
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Investment opportunity, this triplex has everything a investor is looking for, 3 income apartments, located in the Miramichi business district. This central location, multi-unit property could attract tenants looking for easy access and walking distance to essential services. Triplex has recently had an appraisal and is selling for less then apparels value. Ascend to the top floor, where a spacious apartment awaits, offering breathtaking views of the downtown skyline. It Comprises two generously sized bedrooms, experience the allure of city living from the tranquility of this top-floor, with the scenic views and spacious layout. Main floors features 2 one bedroom apartment. The building has had many renovations in the past few years, new roof, new kitchen cupboards and countertops, plumbing upgrads, electric upgraded, flooring and light fixtures, Reach out today for additional details or to schedule a private tour. For those looking to secure a swift return on their investment, this is a golden opportunity. Crunch the numbers and witness the potential profitability of this well-maintained and strategically located triplex. (id:39198)
Location
Province
New Brunswick
City
Miramichi
Address
612 King George Hwy
Postal Code
E1V1N9
Location Highlights
N/A
Listed by
KELLER WILLIAMS CAPITAL REALTY (M) New Brunswick listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
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
$264,900
Asking Price
$264,900
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
