For Sale · Land

Upper Brian Street, Preston

Upper Brian Street, Preston, NS B2A1H3

$50,000 total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

83%

Lot Size

10 ac

About this property

Explore the possibilities of this 10-acre wooded property in Preston. Surrounded by mature trees and natural beauty, this spacious parcel offers a peaceful setting with plenty of privacy. With plenty of room to explore and enjoy the outdoors, the property offers an opportunity to own a sizeable piece of land in a quiet, natural setting. Enjoy the surrounding countryside while still being within easy reach of local amenities, schools, beaches, and a short drive to Dartmouth and Halifax. Access is via a public (municipal) road; however, this section is not actively maintained, and accessibility is limited, with conditions more suited to ATV use. (id:66811)

Financial sandbox

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Estimate
Purchase price$50K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$231

Projected NOI

$2K

Annual cash flow

$-380

Cash-on-cash

-2.54%

DSCR

0.86

Going-in cap

4.78%

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

58,650

Households

22,828

Median income

$86,500

Median age

42.8

Daytime population

52,788

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for Upper Brian Street, Preston.

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.