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Land For Sale at 187 Citizens Drive in Norris Arm, Newfoundland & Labrador

4 Sale ID #195368
Updated 06 May 2024

Asking Price

$35,000

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

THIS LOT IS CENTRALLY LOCATED IN THE QUIET & SCENIC TOWN OF NORRIS ARM! Lot has been cleared; town water/sewer is available to site. View on the opposite side of street overlooks the Bay of Exploits. If you are an outdoor enthusiast you can have easy access for atv/snowmobiles with Trans Canada Trailway on opposite side of street. A great lot to build your dream home. Don't miss out on this opportunity & make your some day dream of building your own home become a reality! (id:39198)

  • MLS® : #1266930
  • Date Listed : 12 Jan 2024

Location

Province

Newfoundland & Labrador

City

Norris Arm

Address

187 Citizens Drive

Postal Code

A0G3M0

Location Highlights

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Listed by

PAUL RUSHFORTH REAL ESTATE INC. Newfoundland & Labrador 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

$35,000

Asking Price

$35,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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