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Royal LePage
Royal LePage Parksville |
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| Clinton Miller |
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Email Clinton |
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Phone: |
(250)951-3195 |
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TollFree: |
1-800-224-5838 |
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Fax: |
(250) 947-9422 |
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Address:
3117 Van Horne Road
Type: Commercial
Style:
Lot Type: Rectangular
Taxes: $4,292.00 CAD (2011)
MLS®: 329535 & 329536
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ATTENTION 12 rentals equals $81,300. gross per year! Current monthly income $6,775. and after expenses $5,575. net or $66,900.00 per year net. That is an 8.9% CAP rate which might be one of the best around. This amazing property has 2 huge commercial shops plus 9 rentals & 1 fully fenced compound. Current monthly return is as follows: Shop #1, (650 sq.ft, $450.), A-1 (1 bed, 1 bath, 750 sq ft $550.) Shop #2 (2500 sqft $1,200.), A-1 (1 bed, 1 bath $475.), A-3 (2 bed, 1 bath $575.), fenced compound ($375.) T-2 (manager) (2 bed, 1 bath 980 sqft, $400.), T-5 (2 bed, 2 bath 540 sqft $500.) T-7 (3 bed, 1 bath 980 sqft $550.) H-7 (2 bed, 1 bath 11 sqft $650.), T-8 (3 bed, 1 bath 840 sqft $500.), H-9 (1 bed, 1 bath 700 sqft $550.). Total expenses per month are $2,400. Best investment around, this property can set you up for life! |
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