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$53,000 total
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Asset Class
Land
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
96%
Lot Size
15 ac
Check out the potential of this 15 acres of elevated land with views of St. Mary's Bay and with some tree clearing views of the Bay of Fundy as well. There are native species of trees including birch, spruce, fir and maple. There is an old cabin which for the right person could be repaired. The cabin has a driveway and a well which is on the property but has not been used in some time. The location is private and quiet but also close to the Balancing Rock and Tiverton with a general store and free ferry service 24/7 to the mainland. Also on Long Island are a medical centre and school, hiking, museums, parks and community events. Power and high speed wifi are available at the road. Please don't hesitate to book a showing of this land. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$245
Projected NOI
$3K
Annual cash flow
$-397
Cash-on-cash
-2.50%
DSCR
0.86
Going-in cap
4.79%
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.
Trade area within 3 miles of the property.
Population
109,946
Households
46,678
Median income
$89,500
Median age
42.2
Daytime population
94,856
5-yr growth
6.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Land Highway 217, Tiverton.
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.