For Sale · Land

Lot 6 #4 Highway, River Bourgeois

Lot 6 #4 Highway, River Bourgeois, NS B0E2X0

$37,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

99%

Lot Size

0.3404 ac

About this property

Great location in River Bourgeois! This cleared vacant lot is ready for you to build your new home. Located just off the main road through the community, the property has good elevation and offers great views of the harbour. The lot is approximately 7 minutes from St. Peter's and 25 minutes from Port Hawkesbury, giving you the opportunity to enjoy the community of River Bourgeois while still being close to shopping, services and other amenities. A great spot to build and enjoy the area. (id:66811)

Financial sandbox

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Estimate
Purchase price$37K
Down payment30% · $11K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$171

Projected NOI

$2K

Annual cash flow

$-27

Cash-on-cash

-0.24%

DSCR

0.99

Going-in cap

5.47%

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

64,515

Households

22,636

Median income

$68,500

Median age

40.2

Daytime population

100,154

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for Lot 6 #4 Highway, River Bourgeois.

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.