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Land For Sale at 499 565 Route in Johnville, New Brunswick

4 Sale ID #187386
Updated 30 Apr 2024

Asking Price

$114,900

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.

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Lot Size

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Building Size

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Premise Summary

Here is a multi purpose land investment. This 39 acre rural property was no doubt mostly farm land 50 years ago. Presently it has 25 acres of cutover land with approximately 15 years of regrowth. In addition there are 4 acres clear and 10 acres of more mature woodland. The most significant feature of this acreage is that it has 750 feet of beautiful waterfront on the Monquat Stream making it a prime location for 3 or 4 very desirable lots. There are already full time residences nearby. This property is not in the flip program. (id:39198)

  • MLS® : #NB090919
  • Date Listed : 12 Dec 2023

Location

Province

New Brunswick

City

Johnville

Address

499 565 Route

Postal Code

E7J1M4

Location Highlights

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Listed by

EXIT Realty Platinum 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

$114,900

Asking Price

$114,900

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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