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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$389,900
Cap Rate
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
Located moments from St. Andrews in the friendly community of Bayside is this 30+/- acre waterfront lot overlooking the historic St. Croix River. This lot has approximately 650' of waterfrontage as well as approximately 500' of road frontage on Rte. 127, and can be accessed off Currie Cove Rd. in Periwinkle Point. This lot slopes gently from the road to the water and includes a beautifully protected cove along the St. Croix River. The property has a variety of mature hardwoods and softwoods, making development of a number of private waterfront and /or waterview lots possible. This is an excellent opportunity to own a spectacular waterfront property close to St. Andrews. Whether you are searching for a property for your family, or a property to develop for others to enjoy, this waterfront property should be seen. Here the infrastructure is in place and power runs by the property, so developmental costs will be minimal. Call today to arrange a private viewing of this spectacular waterfront property. (id:39198)
Location
Province
New Brunswick
City
Bayside
Address
-- Periwinkle Point
Postal Code
E5B2S3
Location Highlights
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Listed by
SUTTON GROUP AURORA REALTY LTD. New Brunswick listing
Category
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
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
$389,900
Asking Price
$389,900
Cap Rate
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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NOI
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
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
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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