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Land For Sale at Lot Cumberland Point Road in Cumberland Bay, New Brunswick

4 Sale ID #221230
Updated 05 May 2024

Asking Price

$37,900

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

Lot Size

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Building Size

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Premise Summary

Wonderful 11 Acre building lot with views of Cumberland Bay/Grand Lake! The land is mostly wooded, with a tranquil stream on the east side of the property. A cleared area already exist at the front of the lot offering a great lake view over some peaceful farmland. This is a great spot to build a home or enjoy recreationally year round. There's a culvert/driveway and power at the road, but no well or septic in place. 15 minutes to gas/convenience/restaurant/agency store in Youngs Cove, 20 minutes to village amenities in Chipman, 45 minutes to Oromocto and an hour to Fredericton. PID# 45046133. Boundaries to be verified by purchaser. (id:39198)

  • MLS® : #NB097412
  • Date Listed : 03 Apr 2024

Location

Province

New Brunswick

City

Cumberland Bay

Address

Lot Cumberland Point Road

Postal Code

E4A3H9

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

N/A

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

$37,900

Asking Price

$37,900

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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