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Land For Sale at 00 Route 3 in Old Ridge, New Brunswick

4 Sale ID #157279
Updated 05 May 2024

Asking Price

$299,500

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 property is nature at it's finest - Driving in the road and over the bridge you see trees, a bubbling stream, and a peaceful solitude while still being just minutes out side of town. The owner has made camp lots along the stream ideal for tenting or travel trailers. Enjoy the quiet surroundings and play in the stream until your heart is content. There is a gravel pit on this property which is an added source of income and endless supply of material to maintain the road which goes the entire length of the property. You have to see this property to appreciate all it has to offer - It is just what you have been waiting for! Call today. (id:39198)

  • MLS® : #NB091848
  • Date Listed : 12 Sep 2023

Location

Province

New Brunswick

City

Old Ridge

Address

00 Route 3

Postal Code

E3L4W6

Location Highlights

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Listed by

EXIT REALTY CHARLOTTE COUNTY New Brunswick listing

Category

land

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

0

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

$299,500

Asking Price

$299,500

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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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