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$1,099,900
Available - For Sale
Listing ID: X10442266
WOW! Just over $111,000 in annual gross income!! Solid, low-maintenance investment property now available with this excellent income-generating mobile home park in Hawkesbury. This 3.4 acre lot contains 24 mobile homes with land leases. Land tenants own their mobile homes in this very nice and quiet community. This property backs onto the Ottawa River, which creates a fantastic park-like atmosphere on the north end of the lot and gives tenants the bonus of water access! The owner is responsible for road, water and septic maintenance (infrastructure). There is a drilled well to supply all mobile homes and a recently installed pump station with water treatment. This is an excellent opportunity which has no vacancy loss with a 100% occupancy rate as tenants do not want to risk losing their investment. Mobile home parks offer low maintenance costs because each tenant is responsible for their home, which also leads to low insurance costs for the park owner. Hawkesbury is a large town with all amenities including shopping, hospital and anything else you might need! Situated 40 min from Montreal and 1hr from Ottawa. With the current demand for housing, this affordable option for housing is sure to attract clientele in the long-term!
Price $1,099,900
Taxes: $14,816.7
Occupancy by: Tenant
Address: 307 FRONT Rd , Champlain, K6A 2T1, Ontario
Postal Code: K6A 2T1
Province/State: Ontario
Legal Description: PT LT 2 CON BROKEN FRONT WEST HAWKESBURY
Lot Size: 148.61 x 769 (Feet)
Directions/Cross Streets: Follow Main St East of Hawkesbury, it turns into Front road.
Zoning: Mobile Home Park
Total Area: 3.4
Total Area Code:  Acres
Financial Statement: Y
Chattels: N
Franchise: N
Taxes Expense: $14817
Insurance Expense: $475
 Management Expense: 5555
 Hydro Expense:  $2052
Water Expense: $10262
Other Expenses: $6424
Gross Income/Sales: $111096
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Central Air Conditioning: N
Sewers: Septic
Water: Well
Water Supply Types: Drilled Well
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

307 FRONT Rd , Champlain, K6A 2T1, Ontario


 
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At a Glance:
Type: Com - Land
Area: Prescott and Russell
Municipality: Champlain
Neighbourhood: 614 - Champlain Twp
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Lot Size: 148.61 x 769.00(Feet)
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Tax: $14,816.7
Maintenance Fee: $0
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