Property Details
623 KING AVE E, Clarington, Ontario, L1B1K7
Broker
Royal Service Real Estate Inc., Brokerage - Millbrook
Cell: 905-914-5302
Tel: 705-932-2066
$2,999,900 - For sale
Well Established And Profitable All Season Mobile Home Park For Sale In Newcastle. Same Owner For 36 Years, Seller Wants To Retire. Park Is Located In A Prime Area Of Newcastle, 2.78 Acres, Frontage On Hwy 2, Potential For Future Development. Park Contains 19 Mobile Homes Parcels (Fully Leased), Detached Home With 3 Apartments (Fully Rented), Free Standing Office Building With 1 Car Garage ( Potential For Rental) All Long Term Tenants. This Is Worry Free, Guaranteed Monthly Cash Flow Investment. Don't Delay Book Your Showing.**** EXTRAS **** Actual Cap Rate Is 4.25% , Projected Cap Rate Is 5.8%. Financial Information Available Upon Signing Confidentiality Agreement. Mobile Homes Are Not Included In The Purchase Price, They Are Located On A Leased Land. Do Not Disturb Tenants. (id:2471)
- Property Address:623 KING AVE E, Clarington, Ontario, L1B1K7
- Property Type:Business
- Community Name:Newcastle
- Lot Size:2.78 Acre ; Irregular Lot
- Acreage:2.78 Acre ; Irregular Lot
- Sewage Type:Septic System
- Water Type:Municipal water
- Parking Space Total:25
Broker
Royal Service Real Estate Inc., Brokerage - Millbrook
Cell: 905-914-5302
Tel: 705-932-2066
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- Map 623 KING AVE E, Clarington, Ontario, L1B1K7
- Neighbourhood Information
623 KING AVE E, Clarington, Ontario, L1B1K7
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