01 / Property Detail
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307 Spurline Avenue , Coaldale, AB
$209,900
Mobile Home · MLS® A22750643Bedrooms
2Bathrooms
1,216Sq Ft
0Garage
2008Year Built
02 / Overview
PROPERTY OVERVIEW
Are you looking for an affordable home in Southern Alberta? In a great location? Take a closer look at this 2008, 1216 sq. ft home in Station Grounds. A quiet and well-maintained Manufactured Housing Community in Coaldale, AB. Coaldale is a growing and desirable community with almost all amenities and that sought after “Small Town Feel”. This property features off-street parking for 2 vehicles, a fenced yard with garden boxes and a ready-to-go hot tub with a pergola over it....
03 / Details
PROPERTY DETAILS
Property TypeMobile
Building TypeManufactured House
Total Finished Area1,216 sq ft
Lot Size4,036 sq ft
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingFront Drive • Off Street • Parking Pad • Paved
Year Built2008
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,348After mortgage & expenses
Cap Rate12.2%Based on market rents
Cash on Cash Return38.5%With 20% down payment
Est. Monthly Rent$2,278Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
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Needs ReviewLoading map...
Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Daniel Corkum · Real Estate Centre - Coaldale