Active

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243 10 Street , Fort Macleod, AB

$90,000

Residential ยท MLSยฎ A2292825
2Bedrooms
1Bathrooms
997Sq Ft
2Garage
0Year Built
02 / Overview

PROPERTY OVERVIEW

Excellent investment opportunity in Fort Macleod where you own the lot! This 2 bedroom, 1 bathroom mobile home offers solid potential for investors or handy buyers looking to build equity. The home could benefit from updates and repairs, including possible roof work, but provides a great starting point to put in some sweat equity.

With four mobile homes on individually owned lots available from the same owner, this property presents a rare chance for investors to acquire multiple income-producing properties in...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area997 sq ft
Lot Size6,534 sq ft
ZoningR-MH
HeatingForced Air
CoolingNone
ParkingParking Pad
ExteriorNone
BasementNone
Year Built0
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,361After mortgage & expenses
Cap Rate22.6%Based on market rents
Cash on Cash Return90.8%With 20% down payment
Est. Monthly Rent$1,845Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by JAMES REA ยท REAL BROKER