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Land For Sale at 1.08 Acres Riverside Drive in Oak Point, New Brunswick

4 Sale ID #218439
Updated 05 May 2024

Asking Price

$19,900

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

Lot Size

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Building Size

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Premise Summary

JUST LISTED!! 1 ACRE LOT IN A BEAUTIFUL SUBDIVISION IN OAK POINT, NB. Come build your dream home and enjoy a water access to Miramichi River. Approx. 15 minutes to the City of Miramichi. Call now and make your offer. More lots available in subdivision that can be sold together or separately. Seller will have the lot surveyed at closing. HST applicable. PID: part of 40187668. (id:39198)

  • MLS® : #NB097144
  • Date Listed : 25 Mar 2024

Location

Province

New Brunswick

City

Oak Point

Address

1.08 Acres Riverside Drive

Postal Code

E1V7J1

Location Highlights

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Listed by

RE/MAX Professionals 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

N/A

Financial Information

Yearly Rate

$19,900

Asking Price

$19,900

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

N/A

Market Competition

N/A


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