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Brushton Tiny Home 20 McCarthy Rd 6 Unit Apartment Building $716,622 CAD ($119,437 CAD/Unit) 16.57% Cap Rate Brushton, NY 12916

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INVESTMENT HIGHLIGHTS

  • Located on 5 acres

EXECUTIVE SUMMARY

**Charming Tiny Home Community Established in 2022**
Nestled on a serene 5-acre property, this thriving tiny home community features six cozy, fully furnished homes that deliver a lucrative income through short-term rentals. Each home offers the perfect blend of comfort and efficiency, boasting monitor propane heating, one full bathroom, and an inviting open-concept design.
The property is well-equipped with three septic systems and two wells, ensuring ample capacity for current operations and room for expansion. Whether you're looking to grow the community or continue the successful rental business, the opportunities are abundant.
With all furniture included, this turnkey investment is ready to continue its success while offering potential for further growth.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $142,768 $47.59
Other Income - -
Vacancy Loss - -
Effective Gross Income $142,768 $47.59
Taxes - -
Operating Expenses - -
Total Expenses $24,024 $8.01
Net Operating Income $118,744 $39.58

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $142,768
Annual Per SF $47.59
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $142,768
Annual Per SF $47.59
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $24,024
Annual Per SF $8.01
Net Operating Income (CAD)
Annual $118,744
Annual Per SF $39.58

PROPERTY FACTS

Price $716,622 CAD
Price Per Unit $119,437 CAD
Sale Type Investment
Cap Rate 16.57%
Sale Condition Business Value Included
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 5.21 AC
Building Size 3,000 SF
Average Occupancy 95%
No. Stories 1
Year Built 2022
Zoning Mixed use - Single family residential and light commercial.

AMENITIES

UNIT AMENITIES

  • Microwave
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

ABOUT 20 MCCARTHY RD , BRUSHTON, NY 12916

Charming Tiny Home Community Established in 2022 Nestled on a serene 5-acre property, this thriving tiny home community features six cozy, fully furnished homes that deliver a lucrative income through short-term rentals. Each home offers the perfect blend of comfort and efficiency, boasting monitor propane heating, one full bathroom, and an inviting open-concept design. The property is well-equipped with three septic systems and two wells, ensuring ample capacity for current operations and room for expansion. Whether you're looking to grow the community or continue the successful rental business, the opportunities are abundant. With all furniture included, this turnkey investment is ready to continue its success while offering potential for further growth.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 6 $2,505 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
165089-122-000-0001-006-600-0000
Land Assessment
$67,797 CAD
Improvements Assessment
$199,647 CAD
Total Assessment
$267,444 CAD
  • Listing ID: 34013214

  • Date on Market: 2024-11-26

  • Last Updated:

  • Address: 20 McCarthy Rd, Brushton, NY 12916

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