Multifamily in Shuniah available for sale
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Apartment Building for Sale in Shuniah

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Shuniah Apartment Building for Sale

More details for 1594 Lakeshore Dr, Shuniah, ON - Multifamily for Sale

1594 Lakeshore Dr

Shuniah, ON P7A 0S9

  • Multifamily for Sale
  • $3,200,000 CAD
  • 3,181 SF

Shuniah Multifamily for Sale

MOBILE PARK-Triple "A" investment opportunity to purchase a Mobile Home Park with motel building(Highway Commercial) on 20 acres, 5 mins from Lake Superior. Generating excellent cash flows of almost $400,000 in gross income. Very well maintained family owned and operated since 1997. Updates & renovations have occurred within the last 24 months with a very substantial increase in rental income over last 4 years. Zoned both Mobile Home Residential and Highway Commercial with an existing Motel Building. Adjacent amenities include walking trails. Amethyst Harbor and Wild Goose Beach and proximity to the vibrant City of Thunder Bay. ZONED NHR/CH Mobile Home Res/Hwy Commercial

Contact:

RE/MAX Advantage Realty LTD Brokerage

Property Subtype:

Mobile Home Park

Date on Market:

2023-07-17
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LoopNet Canada Ontario Apartment Buildings For Sale in Shuniah, ON, Canada

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Apartment Buildings for Sale in Shuniah

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How many apartment buildings are available for sale in Shuniah?
There are currently 1 apartment buildings available for sale in Shuniah, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Shuniah?
The average size of apartment buildings available for sale in Shuniah is about 3,181 SF. The largest apartment buildings available to buy is 3,181 SF and the smallest is 3,181 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in Shuniah?
The average market cap rate for apartment buildings for sale is about 12.50% based on data provided in Shuniah. Learn more about how cap rates are calculated.
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