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Land For Sale at Lot Route 960 in Cape Tormentine, New Brunswick

4 Sale ID #221235
Updated 05 May 2024

Asking Price

$1,250,000

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

Lot Size

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Building Size

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Premise Summary

A truly magnificent and desirable piece of property on the Northumberland Strait. 29.98 magnificent beachfront acres perfectly situated to take advantage of the on the warmest water north of the Carolinas. This stunning piece of property features a long private sand beach and picture postcard views of the Confederation Bridge connecting New Brunswick to Prince Edward Island. (id:39198)

  • MLS® : #M158303
  • Date Listed : 03 Apr 2024

Location

Province

New Brunswick

City

Cape Tormentine

Address

Lot Route 960

Postal Code

E4M2C6

Location Highlights

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Listed by

EverTree Realty Inc. New Brunswick listing

Category

land

Property Information

Premise Status

N/A

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

N/A

Financial Information

Yearly Rate

$1,250,000

Asking Price

$1,250,000

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.

N/A

Gross Revenue- annual

N/A

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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