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WHISPERING PINES

6120, 25054 South Pine Lake Road , Rural Red Deer County, AB

$225,000

Residential · MLS® A2301611
2Bedrooms
1Bathrooms
483Sq Ft
2Garage
2016Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Whispering Pines Phase 6 – Your Perfect Pine Lake Escape! This 2016 Triple M Housing Park Model is absolutely perfect for a weekend retreat or a full time 4-season home. Featuring a spacious primary bedroom and a second bedroom with 2 double bunks, perfect for guests or kids. This Park Model is built with 2x6 construction and R20 insulation to keep you comfortable all year round. The modern kitchen is open to the living room...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area483 sq ft
Lot Size3,189 sq ft
ZoningR-7
HeatingForced Air • Natural Gas
CoolingNone
Parking220 Volt Wiring • Gravel Driveway • Off Street
ExteriorBBQ gas line
BasementNone
Year Built2016
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$284After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.6%With 20% down payment
Est. Monthly Rent$945Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

WHISPERING PINES

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Investment ScoreN/A
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Listed by CJ McArthur · Century 21 Maximum