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7329 Twp Rd 701a , Grovedale, AB
$450,000
Residential · MLS® A23262793Bedrooms
2Bathrooms
1,520Sq Ft
2Garage
2007Year Built
02 / Overview
PROPERTY OVERVIEW
Tucked away among mature evergreens on 6.57 private acres, this peaceful acreage features a well-maintained 1,520 sq. ft. 2007 manufactured home with 3 bedrooms, 2 bathrooms, new shingles installed in 2019, and a 23' x 26' detached double garage, located just 2 minutes off the pavement past the Grovedale Golf Course. The bright, open-concept home is in excellent condition and offers a cozy wood-burning fireplace in the living room, creating a warm and inviting space. The spacious primary bedroom includes...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeManufactured House
Total Finished Area1,520 sq ft
Lot Size286,189 sq ft
Zoningcr1
HeatingForced Air • Natural Gas
CoolingNone
ParkingAdditional Parking • Double Garage Detached
ExteriorPrivate Yard
BasementNone
Year Built2007
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$713After mortgage & expenses
Cap Rate6.4%Based on market rents
Cash on Cash Return9.5%With 20% down payment
Est. Monthly Rent$2,810Based on comparable rentals
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05 / Location
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Daniel Cram · Sutton Group Grande Prairie Professionals