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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,200,000
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 an opportunity in Sackville, New Brunswick! This expansive 10-bedroom level 2 care home, on approximately two acres of land, offers a tranquil and functional space for seniors or individuals requiring specialized care. The main facility has 10 spacious bedrooms, each designed with comfort and accessibility in mind. The care home is meticulously crafted to meet all regulatory standards, ensuring a safe and nurturing environment for residents. In addition to the main residence, a charming 1-bedroom guesthouse provides versatility for visiting family members or additional staff accommodations. Upstairs, you'll find a separate living quarters with three bedrooms and one and a half baths, ideal for on-site staff seeking proximity and convenience. The outdoor space offers opportunities for therapeutic activities, relaxation, and gardening, providing a peaceful retreat for residents and staff alike. Don't miss this chance to own a premier care home with a guesthouse and additional living quarters, perfectly situated in the heart of Sackville. (id:39198)
Location
Province
New Brunswick
City
Sackville
Address
28 Milton Lane
Postal Code
E4L3B7
Location Highlights
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Listed by
RE/MAX Quality Real Estate Inc. 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
1,500
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
$1,200,000
Asking Price
$1,200,000
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)
1,500
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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