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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,350,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Sunnyside Mobile Home Park located minutes away from the City of Prince Albert with a total of 60 mobile home pads on 7.78 acres, 50 serviced pads with the City of Prince Albert services. Residents pay their own utilities, and maintain their mobile homes and yards. Major upgrades to the park including high efficiency sewage treatment system, sewage line upgrades, water line upgrades and replacement of all water and sewage pumps onsite. Highly profitable Mobile Home Park with strong demand with room to increase income. Developed for the new investor with low maintenance costs, strong management in place and only 3 km's away from the City of Prince Albert. Navou Mobile Home Park with a total of 32 Mobile Home Pads and 8 RV sites also available for purchase with the above property or on its own. Details available to interested parties. (id:39198)
Location
Province
Saskatchewan
City
Buckland.
Address
Sunnyside Mobile Home Park
Postal Code
S6V5R3
Location Highlights
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Listed by
RE/MAX Bridge City Realty Saskatchewan listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,350,000
Asking Price
$1,350,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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