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BrokerStudio
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Benefits
Asking Price
$9,900,000
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 a once-in-a-lifetime opportunity to own a truly remarkable piece of waterfront paradise! Situated on a sprawling 100-acre (44 hectares) property with over 680' of pristine beachfront along the Northumberland Strait, this rare gem offers unparalleled privacy and seclusion. Step onto the white sands stretching majestically for 5 kilometers, providing an exclusive haven for relaxation and recreation. This property presents endless possibilities, such as the development of an RV campground with hundreds of sites (financial projection available). Previously operated as a tent campground, the large 2 story service building has 6 showers, 6 toilettes end 6 wash basins, there is an o?ce reception area, a metal warehouse and the hydro services spans the length of the 1-km property. A charming two-story house with an attached garage completes the picture, offering a cozy retreat. Embrace the tranquility of this idyllic setting, where the sounds of the waves mingle with the calls of seabirds overhead. Whether you're dreaming of creating a thriving campground or seeking your own private estate, this property offers the perfect canvas for your vision. Located just 40 minutes from the Moncton International Airport, this oasis is easily accessible, yet feels a world away from the hustle and bustle of city life. Don't miss out on this extraordinary opportunity to own a piece of paradise. (id:39198)
Location
Province
New Brunswick
City
Sainte anne de kent
Address
1310 Route 505
Postal Code
E4S1L1
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
2,446
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
$9,900,000
Asking Price
$9,900,000
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)
2,446
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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