623 KING AVE E, Clarington, Ontario, L1B1K7
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:2471)
Ball Real Estate Inc. Brokerage - Bobcaygeon
- Property Address: 623 KING AVE E, Clarington, Ontario, L1B1K7
- Community Name: Newcastle
- Property Type: Business
- Lot Size: 2.78 Acre ; Irregular Lot
- Acreage: 2.78 Acre ; Irregular Lot
- Sewage Type: Septic System
- Water Type: Municipal water
- Total Parking Spaces: 25
Listing Office: OUR NEIGHBOURHOOD REALTY INC.
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