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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$289,900
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.
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Lot Size
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Building Size
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Premise Summary
**GREAT INVESTMENT OPPORTUNITY!!!** Welcome to 8-10 McLaughlin. This up and down duplex is conveniently located near schools, shopping, bus routes and Université de Moncton making it a great rental for students. In 2019 the main floor unit was fully renovated. In 2023 the upper unit was fully painted, with new windows installed, and a fully renovated bathroom and kitchen including new appliances. Other recent upgrades include a new roof, new cedar shingles, new electrical panel (not wiring) on main and upper floor, and the chimney has been re-appointed (not functional). The garage has a new roof, doors, siding, and lighting. Please allow 36 hours notice for showings. Don't miss out on this great opportunity, call a REALTOR® today. (id:39198)
Location
Province
New Brunswick
City
Moncton
Address
8 Mclaughlin Rd Unit#10
Postal Code
E1A8E3
Location Highlights
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Listed by
EXIT Realty Associates 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
2,136
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
$289,900
Asking Price
$289,900
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.
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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)
2,136
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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