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623 E King Ave

Clarington, ON L1B 1K7
  • $2,600,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: E5969279
UPDATED: 143 min ago
$2,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Newcastle
Type:
Commercial
County:
Ontario
Area:
Clarington

Description

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. 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 5.2% , Projected Cap Rate Is 6.1%. Financial Information Available . Mobile Homes Are Not Included In The Purchase Price, They Are Located On A Leased Land. Do Not Disturb Tenants.

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Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Fishman Group | The Agency. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-06-09T21:41:35.837.
www.fishmangroup.ca/homes/137761818
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623 E King Ave Clarington, ON L1B 1K7

  • Price: $2,600,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 143 min ago
  • MLS #: E5969279
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Newcastle
County:
Ontario
Area:
Clarington
Property Description
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. 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 5.2% , Projected Cap Rate Is 6.1%. Financial Information Available . Mobile Homes Are Not Included In The Purchase Price, They Are Located On A Leased Land. Do Not Disturb Tenants.
Exterior Features

Freestanding No Garage Type Outside/Surface Lot Depth 0.00 Lot Front 2.78 Lot Irregularities Irregular Lot Lot Size Code Acres Parking Spaces 25 Trailer Parking Spots 19

Interior Features

Air Conditioning N Heat Type Propane Gas Office Apartment Area 650 Office Apartment Area Code Sq Ft Total Area 2.78 Total Area Code Acres

Property Features

Category Accommodation Chattels No Commercial Type Investment Cross Streets Brookhouse & Hwy 2 Days Open 7 Financial Statement Yes Franchise No List Price Type For Sale Lot Code Lot Occupancy Tenant Sale Or Lease Sale Seller Property Info Statement No Sewer Septic Tax Year 2023 Taxes 10366.74 Taxes Type Annual Use Other Utilities Y Water Municipal Zoning Rm-1

Listing courtesy of Our Neighbourhood Realty Inc., Brokerage.
Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Fishman Group | The Agency. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-06-09T21:41:35.837.
 
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23 Sandalwood Common
St. Catharines ON, L2M 0B3