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Apartment Building For Sale at 873 560 Route in Jacksonville, New Brunswick

4 Sale ID #163736
Updated 04 May 2024

Asking Price

$1,499,000

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

This impeccably maintained property boasts 145 acres of farm & woodland, a stunning 4 bdrm Farmhouse w/ detached garage, living quarters throughout the property, 2 large barns; commercial kitchen, shop/garage, & more! The options for this property are endless! Commercial space, residential space & land galore, let your imagination run wild! Details of the buildings:Large Farmhouse--Absolutely Gorgeous 4 bedroom home. Lg Barn w/ Commercial Kitchen-64x60 & has a portion of the structure w/ a finished second level for storage, housing or whatever your heart desires. Lg Barn behind House-54x90 w/ unfinished second level for storage. Detached Garage matching House-Insulated, finished second level, bathroom & small kitchen counter/sink area. Shop/Garage-50x55-2 bays w/ 2 separate tool rooms, bathroom on both main & finished upper level. Addition on back of house-19x65 fully finished on both levels, multiple bathrooms & large laundry facility. 5 cottage style buildings w/ sleeping quarters & bathrooms. 3 multi bathroom buildings. 1 Small building previously the ""First Aid"" building. In addition, there are 2 septics, 2 NB power meters, 3 phase power, multiple camper sites w/ power & water, approx 50 acres on west side of Route 560, approx 95 acres on east side of Route 560 For more photos visit: ashleymariephoto.pixieset.com/exit-873rte560/?fbclid=IwAR0olad5eULVePoE2V1WuZJTBSOe5JRpsFvNPscnmaISbDy7K56wVogN7qA (id:39198)

  • MLS® : #NB092308
  • Date Listed : 26 Sep 2023

Location

Province

New Brunswick

City

Jacksonville

Address

873 560 Route

Postal Code

E7M3K2

Location Highlights

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Listed by

EXIT Realty Platinum 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

$1,499,000

Asking Price

$1,499,000

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)

0

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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