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Land For Sale at 1750 Sandy Point Road in Saint John, New Brunswick

4 Sale ID #187798
Updated 02 May 2024

Asking Price

$450,000

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

Great development opportunity, 4 large approved building lots (just under an acre each) with incredible views being sold as package. Wonderful location for a multi unit development, apartments, or condos. On city water and sewage, walking distance to UNBSJ and Hospital. Sale is subject to HST. Included are lots 16-01, 16-02, 16-03, 16-04. (Lot 16-05 will be surveyed off before closing.) (id:39198)

  • MLS® : #NB079095
  • Date Listed : 12 Dec 2023

Location

Province

New Brunswick

City

Saint John

Address

1750 Sandy Point Road

Postal Code

E2K5E7

Location Highlights

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Listed by

EXIT REALTY SPECIALISTS 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

$450,000

Asking Price

$450,000

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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