Active

MUSTANG ACRES

120, 6834 59 Avenue , Red Deer, AB

$50,000

Mobile Home · MLS® A2296362
1Bedrooms
1Bathrooms
692Sq Ft
1Garage
1971Year Built
02 / Overview

PROPERTY OVERVIEW

JUST FOR YOU. One bedroom home on Red Deer's north end in Mustang Acres. Renovated some time ago and offers up tiled flooring in the kitchen/dining area, and hallway. Balance of flooring is again an updated laminate in the bedroom, bath and office. Kitchen cabinets were an upgrade with adjustable shelving so you can re-jiggle where the pans go, where you can stack the dishes so it all fits best for you. Appliances are staying so you save a little...

03 / Details

PROPERTY DETAILS

Property TypeMobile
Building TypeManufactured House
Total Finished Area692 sq ft
HeatingForced Air • Natural Gas
ParkingOff Street • Parking Pad • Single Garage Detached
ExteriorPrivate Yard
Year Built1971
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$981After mortgage & expenses
Cap Rate28.0%Based on market rents
Cash on Cash Return117.7%With 20% down payment
Est. Monthly Rent$1,261Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MUSTANG ACRES

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Investment ScoreN/A
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Active ListingsN/A

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Listed by Tim McRae · Maxwell Real Estate Solutions Ltd.