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Land For Sale at / Balsam Avenue in Noonan, New Brunswick

4 Sale ID #187510
Updated 28 Apr 2024

Asking Price

$480,000

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

Looking to build this spring? How about a whole subdivision?!! There is room to put in 88 - - 1 ½ acre lots. 6 lots were pre-approved off of Butternut Lane These 1.5 acre building lots are the perfect spot to build your dream home. It is located just 4 kms past Pepper Creek in beautiful Forest Park Estates. All lots in the subdivision are treed and over an acre in size. Enjoy the peace and quiet of country living while being only minutes from all amenities. Restrictive covenants in place to protect your investment. This also includes Lots 40 and 51 with this sale (id:39198)

  • MLS® : #NB087484
  • Date Listed : 12 Dec 2023

Location

Province

New Brunswick

City

Noonan

Address

/ Balsam Avenue

Postal Code

E3A0Z5

Location Highlights

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Listed by

Royal LePage Atlantic 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

$480,000

Asking Price

$480,000

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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