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Land For Sale at 0 Deerwood Drive in Portage Vale, New Brunswick

New
4 Sale ID #228268
Updated 03 May 2024

Asking Price

$24,900

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

Are you looking to escape? This 5 acre fully wooded property could be just what you're looking for! Located on a mountain top in beautiful Portage Vale, this lot has the convenience of year round access with power. The possibilities are endless....year round home, cottage, camp, woodlot...So affordable, private and easy access to groomed and managed trails. Only 7 minutes off the hwy exit, 25 minutes to Sussex, and 45 minutes to Moncton. Can be purchased with a 5.5 acre lot next door for a ""package deal"" (NB098167) (id:39198)

  • MLS® : #NB098162
  • Date Listed : 19 Apr 2024

Location

Province

New Brunswick

City

Portage Vale

Address

0 Deerwood Drive

Postal Code

E4Z1S2

Location Highlights

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Listed by

RE/MAX QUALITY REAL ESTATE 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

$24,900

Asking Price

$24,900

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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