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Land For Sale at 659 Beaumont in Memramcook, New Brunswick

4 Sale ID #55298
Updated 28 Apr 2024

Asking Price

$199,900

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

Welcome to peaceful tranquil living in Memramcook!! STUNNING 5.26 ACRE WATERFRONT BUILDING LOT!! BREATHTAKING SUNSETS OVER THE PETITICODIAC RIVER!! This lot is the perfect spot to build your dream home. The lot boasts gorgeous unobstructed views of the river where you can watch the river fill up and empty out regularly due to the Bay of Fundy high tides. You will also love the serene backdrop of the 30-meter cliff at the back of the property. Throughout this small cliff you will be taken by the ancestral paths lined by large moss-covered boulders. This lot has been professionally assessed for drainage and sewage. Five NB power poles have been installed to prepare for home construction. A sandstone driveway has been prepared by the municipality of Memramcook. This lot has yearly access with snow removal and maintenance from the municipality of Memramcook. Located close to the golf course and all Memramcook amenities, and only 30 minutes to Moncton. Call for more information. (id:39198)

  • MLS® : #M142418
  • Date Listed : 02 Jun 2022

Location

Province

New Brunswick

City

Memramcook

Address

659 Beaumont

Postal Code

E4K2B6

Location Highlights

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Listed by

Creativ Realty 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

$199,900

Asking Price

$199,900

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

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Market Competition

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