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From Our Gallery

Description

INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 acres of land. This unique property features 6 freestanding residential buildings, including a 5-Plex, a single family home, and two prefab homes. Additional income streams include a log shack, barn, and four rental spaces currently used for storage and RV parking. Offering a 6.75% CAP rate with further upside potential through expanded storage or pasture rental opportunities. The property is fully tenanted and self-managed, providing immediate and stable income. Ideally located just 1.5 km south of Cumberland, the residences are surrounded by mature maple trees, open pastures, and natural landscapes, creating a desirable rural setting for tenants. Additional features include a 40' x 150' gravel parking area, 2 drilled wells, 3 septic systems, and propane heating. Vendor Take-Back (VTB) financing available. Contact for more details!

Location Description

Dunning Road and Willhaven Drive

Property Detail

  • Community: 1116 - Cumberland West
  • Property Type: Tenant/Commercial
  • Garages: Other
  • Annual Property Taxes : $ 6551.29
  • sqft

Facts and Features

  • Parking Type : Other

Amenities

  • Heating : Propane Gas
  • Sewer : Septic ,

Listing Contracted With: RE/MAX HALLMARK REALTY GROUP

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