For Sale · Land

ACREAGE MACLEAN Road, South West Lot 16

ACREAGE MACLEAN Road, South West Lot 16, PE C0B1T0

$29,500 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

87%

Lot Size

15.99 ac

About this property

15.99 Acres - Recreational Property / Woodlot - South West Lot 16. Looking for your own piece of nature? This 15.99-acre parcel in South West Lot 16 offers a great opportunity for recreational use, a private camp, or a potential investment in a natural woodlot. The property is predominantly softwood, featuring mostly cedar with some spruce and a few hardwood trees throughout. A good woodlot with plenty of natural surroundings, offering a peaceful setting to enjoy the outdoors. Located off a dirt road, this property provides a quiet, rural setting away from the hustle and bustle. With 15.99 acres to explore, its a great opportunity for anyone looking for a recreational getaway, a place to enjoy nature, or a private spot for a camp. A great opportunity to own your own piece of the outdoors! (id:66811)

Financial sandbox

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Estimate
Purchase price$30K
Down payment30% · $9K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$136

Projected NOI

$1K

Annual cash flow

$-288

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

56,625

Households

25,210

Median income

$72,500

Median age

44

Daytime population

79,164

5-yr growth

9.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for ACREAGE MACLEAN Road, South West Lot 16.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.