For Lease · Land

89, 4000 13 Avenue SE, Medicine Hat

89, 4000 13 Avenue SE, Medicine Hat, AB T1B1J3

Price on request

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

—

Occupancy

94%

Lot Size

0.12481634527089072 ac

About this property

Bring your home and make Site #89 your new address. Vacant mobile home lot available for lease at $1,050/month, includes gas, water, sewer, garbage. Tenant to supply and relocate an approved mobile home to the site. Take advantage of an exceptional introductory incentive: 50% off the regular lot rent for the first 12 months, plus up to $10,000 toward approved mobile home relocation costs. Located in Sunpark Communities, enjoy quick access to the #1 Highway and a convenient location just minutes from the mall, restaurants, shopping, and entertainment. Mobile home placement and tenancy are subject to park approval. Possession available upon approval and as mutually agreed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

139,705

Households

51,749

Median income

$74,000

Median age

39.5

Daytime population

190,032

5-yr growth

8.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 89, 4000 13 Avenue SE, Medicine Hat.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.