For Sale · Land

Lot 26-1 Route 3, Harvey

Lot 26-1 Route 3, Harvey, NB E6K1V6

$22,900 total

—

Asset Class

Land

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

100%

Lot Size

1 ac

About this property

Here is a chance to help minimize the cost of your new build or construction project by starting with an affordable building lot. This wooded parcel will provide good privacy if so desired and it's easily accessible thanks to a good line of visibility from Rte 3 highway. Not far from the desired Village of Harvey this location is also perfect for the outdoor enthusiast where you are within walking distance to the Magaguadavic River, or access to the local ATV / snowmobile trail system. Sign is up so why not go see if this may be the right spot for your next project. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$23K
Down payment30% · $7K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$106

Projected NOI

$1K

Annual cash flow

$-79

Cash-on-cash

-1.14%

DSCR

0.94

Going-in cap

5.20%

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

105,320

Households

48,985

Median income

$69,500

Median age

38.9

Daytime population

139,990

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for Lot 26-1 Route 3, Harvey.

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.