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$400,000
Available - For Sale
Listing ID: X12391736
Excellent Opportunity To Acquire A Well-Established Profitable Business On Busy Highway 7 (Trans-Canada Highway) Just East Of The City Of Peterborough. Family Owned For 40 Years. Selling At 8.7% CAP Rate Despite Being Underutilized And Remotely Managed In Recent Years. Huge Upside Potential, Below Market Rents With Room To Expand To Increase Revenue. 118 Units In Buildings, 39 Seacans With Potential To Add More Onto Parking Areas, 37 Parking Spaces, 6 Offices.
Price $400,000
Taxes: $792.36
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner+T
Address: 970 Highway 7 High , Otonabee-South Monaghan, K9J 6X7, Peterborough
Postal Code: K9J 6X7
Province/State: Peterborough
Legal Description: PT LT 27 CON 10 OTONABEE AS IN R445677;
Directions/Cross Streets: Highway 7 And Lancaster Rd.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: With Property
Use: Self Storage
Building Percentage: T
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9-6
Employees #: 0
Seats: 0
Maintenance: 0
Outside Storage: T
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
Sewers: Septic
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Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
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 ESCARPMENT REALTY INC.

970 Highway 7 High , Otonabee-South Monaghan, K9J 6X7, Peterborough


 
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At a Glance:
Type: Com - Sale Of Business
Area: Peterborough
Municipality: Otonabee-South Monaghan
Neighbourhood: Otonabee-South Monaghan
Style:
Lot Size: x 235.00(Feet)
Approximate Age:
Tax: $792.36
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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