1/5014 Bellevue Heights, Shediac
14 Bellevue Heights, Shediac, NB E4P1H2
$4.4M total
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
96%
Lot Size
3.5 ac
About this property
Check out this major investment opportunity in downtown Shediac. Established motel and cottages business on 3.5 acre lot on the corner of Main Street and close to Parlee Beach and other tourist draws. Sixteen two bedroom cottages rented year-round (separate meters) that can also be rented nightly. The motel has 32 rooms, including six suites that can be rented longer term, plus an office and staff room. This is a going concern thats been well looked after, with new metal roofs on the cottages and new ashphalt roofing on the motel. Each cottage has a mini-split heat pump. Furnishings, bedding, etc all to remain. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$20K
Projected NOI
$272K
Annual cash flow
$28K
Cash-on-cash
2.16%
DSCR
1.12
Going-in cap
6.19%
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
140,345
Households
50,594
Median income
$95,500
Median age
31.5
Daytime population
194,009
5-yr growth
3.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 14 Bellevue Heights, Shediac.
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.