623 King Ave E Newcastle (Newcastle Ontario, Ontario, CA - L1B1K7) Built
$1,900,000
Lawlor Realty Ltd.
Georgina Kasmetis, Broker of Record
416-410-1790 (Office)
416-543-5473 (Cell)
416-269-0166 (Fax)
Request More Info
Georgina Kasmetis, Broker of Record
416-410-1790 (Office)
416-543-5473 (Cell)
416-269-0166 (Fax)
Request More Info
- Type: Residential
- Style: Commercial
- Size: 6 sq. ft.
- Development Level: Built
- Lot Size: 2.78 acres
- Taxes: $10,000.00 (2022)
- MLS ® #: E5969279
Description
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.
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.
Please Do Not Walk In The Park Without Agent Or Without An Appointment. Internet And Cable Is Available.
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.
Please Do Not Walk In The Park Without Agent Or Without An Appointment. Internet And Cable Is Available.
Brokered and Advertised by :
Our Neighbourhood Realty Inc. brokerage
P2#553216172
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Information is deemed to be correct but not guaranteed.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.