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$3,200,000
Available - For Sale
Listing ID: X11923965
MOBILE PARK-Triple "A" investment opportunity to purchase a Mobile Home Park with motel building(Highway Commercial) on 20 acres, 5 mins from Lake Superior. Generating excellent cash flows of almost $400,000 in gross income. Very well maintained family owned and operated since 1997. Updates & renovations have occurred within the last 24 months with a very substantial increase in rental income over last 4 years. Zoned both Mobile Home Residential and Highway Commercial with an existing Motel Building. Adjacent amenities include walking trails. Amethyst Harbor and Wild Goose Beach and proximity to the vibrant City of Thunder Bay. ZONED NHR/CH Mobile Home Res/Hwy Commercial
Price $3,200,000
Taxes: $19,902.46
Tax Type: Annual
Occupancy by: Tenant
Address: 1594 Lakeshore Dr North , Shuniah, P7A 0S9, Ontario
Postal Code: P7A 0S9
Province/State: Ontario
Legal Description: PT 1, 2,4 & 7, 55R10776 & PT 5 & 8, 55R1
Lot Size: 1,300 x 865 (Feet)
Directions/Cross Streets: MCKENZIE DRIVE
Zoning: NHR/CH Mobile Ho
Category: Accommodation
Use: Other
Building Percentage: Y
Total Area: 5,500
Total Area Code:  Sq Ft
Approximatly Age: 31-50
Sprinklers: N
Rail: N
Heat Type: Other
Central Air Conditioning: N
Elevator Lift: None
Sewers: Septic
Water: Well
Water Supply Types: Drilled Well
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ADVANTAGE REALTY LTD.

1594 Lakeshore Dr North , Shuniah, P7A 0S9, Ontario


 
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Type: Com - Investment
Area: Thunder Bay
Municipality: Shuniah
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Lot Size: 1300.00 x 865.00(Feet)
Approximate Age: 31-50
Tax: $19,902.46
Maintenance Fee: $0
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