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Land For Sale at Lot 16-8 Lower Durham Road in Durham Bridge, New Brunswick

4 Sale ID #153236
Updated 04 May 2024

Asking Price

$29,900

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

This lot has to go off a road beside it ,it will require a right of way just due to the location in the road. There is an extra $500 fee to the Buyer for the agreement.Looking for a nice roadside lot that is treed to put your new home on,here it is! Hydro lines run along the front of the lots.Owner also welcomes minihomes that are 10 years and newer.There is a tenative subdivision plan completed for the lots but not registered.The price includes the HST.Each lot will be issued a new PAN# & PID# at the time of sale.The Seller is responsbile for the survey.The front of each lot is marked. Location is great for outdoor activities-walking,snowmobiling,golfing,etc Come and enjoy the peacefullness of the country! (id:39198)

  • MLS® : #NB091636
  • Date Listed : 07 Sep 2023

Location

Province

New Brunswick

City

Durham Bridge

Address

Lot 16-8 Lower Durham Road

Postal Code

E6C1H5

Location Highlights

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Listed by

Key Group Realty Corp. 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

$29,900

Asking Price

$29,900

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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