Business For Sale · Multifamily

36 Roseberry Street, Campbellton

36 Roseberry Street, Campbellton, NB E3N2G4

$224,900 total

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Asset Class

Multifamily

Size

—

Building class

B

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

90%

Year Built

1962

Lot Size

0.12627073830080604 ac

About this property

Prime commercial location in Campbellton! Family operated for over 60 years, this spacious commercial property offers an excellent investment opportunity in a well-established business area. The building features 5 rental units on the upper floor, providing multiple income opportunities , tenants dont pay for power but there is 5 separate meters so that can be change. The commercial space is used by the owner and generating no rental income, a great option for investors looking for a property with strong potential and a long-standing history in the community. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$225K
Down payment30% · $67K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$10K

Annual cash flow

$-2K

Cash-on-cash

-3.64%

DSCR

0.80

Going-in cap

4.45%

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

58,113

Households

24,874

Median income

$89,000

Median age

32.1

Daytime population

92,032

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 36 Roseberry 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.