Acreage For Sale
Description
LOCATION!,LOCATION!,LOCATION!...INVESTOR ALERT!!.......10 ACRE PROPERTY ...Absolutely Awesome Location..Almost Bordering The Growing City Of Fort Saskatchewan.
Live on the property and operate your own business from here or rent out all the buildings along with the RV Storage for an estimated yearly gross revenue of $130k+ a year
1) House -1500 sq ft.....$2500.00 per month
2) Shop-4000 sq ft.(50'x80')....$5000.00 per month.($2500.00 for each separate 2000 sq ft ).
There is a framed and sheeted dividing wall between the 2000 sq ft bays so tenants don't share space.
*****The shop had been rented out for the past 10 years.The most recent tenant of 2 years was paying rent of $2600.00 per month for 1/2 the shop (2000 sq ft).
3) Garden Suite-648 sq ft......$1500.00 per month
4) Detached Garage-784 sq ft.....? per month
5) RV Storage...........$2000.00 per month
Total Revenue:$11,000.00 ......Rental income per month
$132,000.00.....Rental income per year
(NOTE): The above rental income estimate is based upon the lower end of the current rental market value.
Currently the owners live on the property and because the property is for sale ,the only income for the property at this time is the $2000.00 per month for RV Storage.
By Strathcona County Bylaws...there are (3) separate living accommodations permitted for this parcel (which has already been confirmed).
1) Principal Residence,
2) Secondary Suite,
3) Garden Suite,
This 10 acre parcel is on Municipal Water(Josephburg Water Co-op) and situated out of a subdivision..
Asking $1,750,000.00... open to reasonable offers..If interested please contact me for a lot more info....Showings by appt only. No texts or emails.
I will respond only to phone calls : 780-910-6064...ask for Val
Note: If i do not answer please leave a message and i will return your call.
Thank you
- Ad Type: Offering
real estate | other
2024-04-13