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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$250,000
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
Development Opportunity! Bay of Fundy water views, this is a great opportunity to purchase some land that for 2 phases of development. Phase I is a 2 storey building with 12 x 2 bedroom apartments and 7000 sq ft of commercial space - many possibilities for commercial tenants in that location. Phase II has an additional 24 residential units. All services are on the street, convenient location for tenants with plenty of recreational destinations close by! (id:39198)
Location
Province
New Brunswick
City
Saint John
Address
40 Ocean Drive
Postal Code
E2P1G3
Location Highlights
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Listed by
RE/MAX PROFESSIONALS 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
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
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
$250,000
Asking Price
$250,000
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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