623 King Ave E Clarington, Ontario L1B 1K7
$2,999,900
Well Established And Profitable All Season Mobile Home Park For Sale In Newcastle. Same Owner For 36 Years, Seller Wants To Retire. Park Is Located In A Prime Area Of Newcastle, 2.78 Acres, Frontage On Hwy 2, Potential For Future Development. Park Contains 19 Mobile Homes Spots (Fully Leased), Detached Home With 3 Apartments (Fully Rented), Free Standing Office Building With 1 Car Garage ( Potential For Rental) All Long Term Tenants. This Is Worry Free, Guaranteed Monthly Cash Flow Business. Don't Delay Book Your Showing.**** EXTRAS **** Actual Cap Rate Is 4.25% , Projected Cap Rate Is 5.3%. Financial Information Available Upon Signing Confidentiality Agreement. Mobile Homes Are Not Included In The Purchase Price, They Are Located On A Leased Land. Do Not Disturb Tenants. (id:48434)
Property Details
| MLS® Number | E5969279 |
| Property Type | Business |
| Community Name | Newcastle |
| Parking Space Total | 25 |
Building
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Irregular | 2.78 Acre ; Irregular Lot |
| Size Total Text | 2.78 Acre ; Irregular Lot |
https://www.realtor.ca/real-estate/25369217/623-king-ave-e-clarington-newcastle
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March 16 2023 07:07:41
Durham Region Association of REALTORS®
RE/MAX Rouge River Realty Ltd.