For Sale · Land

4,400 mc Route 350, Landry Office

4,400 mc Route 350, Landry Office, NB E8P2K9

$21,900 total

—

Asset Class

Land

Size

—

Building class

A

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

95%

Lot Size

1.0872627172672145 ac

About this property

Beautiful, one-acre vacant lot located in Landry Office and ready for you to build your home. Located about 20 minutes from neighboring towns and their amenities. Don't miss this opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$22K
Down payment30% · $7K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$101

Projected NOI

$1K

Annual cash flow

$-19

Cash-on-cash

-0.29%

DSCR

0.98

Going-in cap

5.45%

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

138,022

Households

61,868

Median income

$82,500

Median age

44.2

Daytime population

194,765

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 4,400 mc Route 350, Landry Office.

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.