Active

MUSTANG ACRES

1007, 7050 Gray Drive , Red Deer, AB

$65,500

Mobile Home · MLS® A2282769
3Bedrooms
2Bathrooms
1,190.31Sq Ft
2Garage
1986Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this well-maintained 16’ x 72’ mobile home located in desirable Mustang Acres. This home features a large deck with gazebo ,fenced yard and two storage sheds. Inside you will be welcomed with a spacious mudroom, followed by a bright living room with vaulted ceilings and a renovated kitchen. Recent upgrades include very recently replaced flooring and windows updated in 2018. The functional layout offers three bedrooms, including a primary bedroom with a large closet, a 4-piece main bathroom,...

03 / Details

PROPERTY DETAILS

Property TypeMobile
Building TypeManufactured House
Total Finished Area1,190.31 sq ft
HeatingForced Air • Natural Gas
ParkingParking Pad
Year Built1986
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,837After mortgage & expenses
Cap Rate38.1%Based on market rents
Cash on Cash Return168.2%With 20% down payment
Est. Monthly Rent$2,233Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MUSTANG ACRES

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Listed by Jacki Huss · Century 21 Maximum