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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$279,000
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 1016, Route 960, a little piece of quiet beauty! Come take a look at this property if seeking for an investment with ocean view. This Northumberland Strait is seen form the 1.28 acres 168 foot-shoreline. Magnificent marine view, sturdy rock wall defending the beach, drilled well with portable water, freshly gravelled driveway and topsoil dressing. A recent survey of the area left ground-level pegs that can be seen. This lot is suited for residential construction and is located in Tantramar Unincorporated Region (Rural Zone) (see survey plan). This treasure can be found 10 minutes east of the NB-PEI Bridge. Unknown sand dune in the province, a fresh coastal neighborhood near the Greater Moncton. G4 is offered through Xplore net. Cooking facilities and a gazebo for enjoyment of the view are both located in a utility building with 100-amp electrical access. Just a wonderful place to rather build a new house or spend the summer in your camper or RV. Just need a new approved septic system! (id:39198)
Location
Province
New Brunswick
City
Upper Cape
Address
1016 Route 960
Postal Code
E4M2V2
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
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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
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
$279,000
Asking Price
$279,000
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)
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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