Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Pets: | Pets No |
Financials
Price:C379,900
($271,195)
(€234,168)
Annual Taxes:C2,502.48
Wow, real estate at 14 times gross income, with very low expenses !
Description
Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,084 per year Lower maintenance costs, unlike traditional rental buildings, mobile home parks generally require less maintenance. Tenants are responsible for the upkeep of their own homes. The investor only needs to handle common services, such as septic tank pumping or road maintenance. Therefore, there are no expenses related to window replacements, balconies, roofs, or repairing damaged units. High profitability since all mobile homes are owned by the tenants, they do not risk losing their homes. This ensures that rents are always paid without loss. In case of unpaid rent, the amounts are usually settled during the sale of the mobile home. Insurance premium: only $640 per year. Connected to the city water supply Please note that the negotiation margin is low.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.