$89,000

COM · MLS® A2269401
1,200Sq Ft
1986Year Built
02 / Overview

PROPERTY OVERVIEW

Here we have a 40ft wide and 30ft deep airport hangar with a 10x16 ft door that has previously housed a helicopter. The door could be replaced to house a plane with up to a 38 ft wing span and 28 ft long. Metal clad building with a metal roof, nice concrete floor, fully finished interior and a Coleman propane furnace. Natural gas is available. This building is on leased land from the Slave Lake Airport...

03 / Details

PROPERTY DETAILS

Property TypeCOM
Building TypeOther
Total Finished Area1,200 sq ft
ZoningM3
HeatingFloor Furnace • Propane • See Remarks
CoolingNone
Basement{}
Year Built1986
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,399After mortgage & expenses
Cap Rate24.8%Based on market rents
Cash on Cash Return94.3%With 20% down payment
Est. Monthly Rent$2,000Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
Presented By

JIM SPARKS

Century 21 Masters