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Land For Sale at Lot 8 Route 785 in Utopia, New Brunswick

4 Sale ID #168131
Updated 03 May 2024

Asking Price

$125,000

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

Welcome to Lot 8 in the prestigious and private gated community of Sandleigh Estates. This 4-acre +/- building lot is truly one of a kind, featuring a babbling brook on the property and ample privacy for you to enjoy. Located in a welcoming neighborhood, Lot 8 offers deeded water access for launching boats and kayaks, giving you the perfect opportunity to enjoy the beauty of Lake Utopia. This community is close to St. Andrews by the sea, as well as both Fredericton and Saint John airports, making it the ideal location for both full-time living or vacationing. Lot 8 offers incredible build sites for your dream home, and with trusted developers available to build, you can be sure that every detail will be taken care of. The developers will work with you to ensure that your home is tailored to your specific needs and preferences, and that it's built to the highest standards of quality and craftsmanship. Imagine waking up each morning to the soothing sound of the babbling brook and the tranquility of your surroundings. Spend your days exploring the nearby hiking and biking trails, or enjoying the many outdoor activities that Lake Utopia has to offer. And in the evening, relax on your porch and watch the stars twinkle in the sky. Lot 8 in Sandleigh Estates offers a rare opportunity to own a piece of paradise in a private and peaceful community. Don't miss out on this incredible opportunity. Call today to schedule a viewing and start planning your dream home on Lot 8! (id:39198)

  • MLS® : #NB086546
  • Date Listed : 06 Oct 2023

Location

Province

New Brunswick

City

Utopia

Address

Lot 8 Route 785

Postal Code

E5C2L3

Location Highlights

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Listed by

KELLER WILLIAMS CAPITAL 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

$125,000

Asking Price

$125,000

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

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Market Competition

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