$90,000
LAND · MLS® A227744702 / Overview
PROPERTY OVERVIEW
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AFFORDABLE LOT IN A GROWING COMMUNITY – CAYLEY, AB. Looking for a smart investment or the perfect spot to build your first home? This affordable vacant lot in Cayley offers tremendous value and the charm of small-town living just minutes from High River and Okotoks. This level lot provides an easy build site with utilities available, and paved road access. With demand growing in southern Alberta for affordable housing, Cayley is...
03 / Details
PROPERTY DETAILS
Property TypeLAND
Lot Size6,300 sq ft
ZoningRC
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,414After 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
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05 / Location
NONE
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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
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