For Sale · Land

888 Principale Street, Clair

888 Principale Street, Clair, NB E7A2G9

$25,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

91%

Lot Size

1.6205156590541803 ac

About this property

Dreaming of building your dream waterfront property? Here is a fantastic opportunity! This lot along the magnificent Saint John River offers the ideal location to bring your project to life and build the home you've always wanted. A property with endless possibilities for your future plans, set in an exceptional natural environment. Don't wait! Call today for more information and unlock the full potential of this land. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$25K
Down payment30% · $8K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$115

Projected NOI

$1K

Annual cash flow

$-382

Cash-on-cash

-5.09%

DSCR

0.72

Going-in cap

4.01%

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

137,638

Households

55,418

Median income

$67,500

Median age

37.8

Daytime population

203,005

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 888 Principale Street, Clair.

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.