623 King Ave E Clarington, Ontario L1B 1K7


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


Utility Water Municipal Water


Acreage No
Sewer Septic System
Size Irregular 2.78 Acre ; Irregular Lot
Size Total Text 2.78 Acre ; Irregular Lot



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