For Sale · Land

1888 Brown Court, Bathurst

1888 Brown Court, Bathurst, NB E2A7K4

$144,900 total

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Asset Class

Land

Size

—

Building class

A

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

92%

Lot Size

45.5 ac

About this property

This impressive parcel of land offers nearly 46 acres ideally situated between North Tetagouche and Bathurst, just minutes from the hospital, shopping, schools, and other essential amenities. With road access extending toward the back of the property, a semi-cleared layout, and driveway access already in place from the main road, this property presents excellent potential for residential development or future lot subdivision. Whether youre looking to develop residential lots, invest in land, or build your dream project in a growing area, this property offers location, accessibility, and opportunity all in one. (id:66811)

Financial sandbox

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Estimate
Purchase price$145K
Down payment30% · $43K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$669

Projected NOI

$6K

Annual cash flow

$-2K

Cash-on-cash

-3.96%

DSCR

0.79

Going-in cap

4.35%

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

43,795

Households

17,707

Median income

$116,500

Median age

34.5

Daytime population

53,763

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 1888 Brown Court, Bathurst.

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.