For Sale · Specialty

156 Water Street, Campbellton

156 Water Street, Campbellton, NB E3N1B4

$238,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

Year Built

1956

Lot Size

0.06993076113332312 ac

About this property

Welcome to 156 Water Street, Campbellton. Located on the busiest street in the heart of the city, this property has two businesss on the main floor and a large beautiful apartment on the second floor. The apartment is a 1550 sq ft with kitchen, dining room, living room, two bedrooms and a den that could be used as a bedroom. The apartment also has its own private balcony. (id:66811)

Financial sandbox

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Estimate
Purchase price$238K
Down payment30% · $71K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$-1

Cash-on-cash

-0.00%

DSCR

1.00

Going-in cap

5.54%

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

132,206

Households

51,517

Median income

$120,000

Median age

32.9

Daytime population

115,891

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 156 Water Street, Campbellton.

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.