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Apartment Building For Sale at 694 Appleby Street in Bathurst, New Brunswick

4 Sale ID #188264
Updated 04 May 2024

Asking Price

$849,000

Cap Rate help 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 694 Appleby Street, Bathurst NB. This 6-unit apartment building is a great turn-key investment. Close to all amenities: Sobeys; Superstore; Bathurst' shopping mall; Shoppers Drug Mart, NB liquor store; Walking clinic, Bathurst's hospital; all the schools, and all the restaurants. All 6 units are 2 bedrooms + bathroom+ dining room + living room+ private balcony. All separated hydro meters and Tenant pay their own NB Power bills. All showings will require 48-72 hours' notice and the property manager will meet you on-site. contact your favorite REALTOR today for more info and details. (id:39198)

  • MLS® : #NB094163
  • Date Listed : 15 Dec 2023

Location

Province

New Brunswick

City

Bathurst

Address

694 Appleby Street

Postal Code

E2A3L4

Location Highlights

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Listed by

Keller Williams Capital Realty New Brunswick listing

Category

apartment-buildings

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

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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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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

$849,000

Asking Price

$849,000

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

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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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