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$89,000 total
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Asset Class
Specialty
Size
—
Building class
B
Zoning
US — Urban Services
$ / SF
—
Occupancy
96%
Year Built
1990
Welcome to Indian Arm Pond—this well-sought-out waterfront cabin offers the perfect blend of simple cottage living and year-round comfort (in a true “three-season” setup) in a spot you’ll be proud to call home. Accessed from the rail bed just east of Indian Arm’s East you’ll arrive to a cozy two-bedroom retreat that’s been thoughtfully refreshed and is ready for you to make it your own. The land has just been freshly cleared, giving you that “open up and settle in” feeling from day one, whether you’re planning weekends on the water or a seasonal getaway you can truly personalize. Inside, you’ll enjoy hot water on demand, wood-stove heat, and the kind of practical upgrades that make day-to-day life easy—plus a well-appointed bathroom setup featuring a stand-up shower and an RV toilet. Convenience is built right in with a washer/dryer combo included, and you can relax knowing essential systems are in place. Recent work includes a new bridge and the cabin has also received attention with shingles completed in 2022. To round out the lifestyle, you’ll love the included generator—Champion—and all cabin contents will remain (with the exception of personal items), so you can move in without the hassle of starting from scratch. Storage and extra space are covered too, with an 8x13 shed and a 10x14 shed, plus a 100-pound propane tank included and a BBQ for easy outdoor enjoyment. Water is pumped up directly from the pond, connecting you to the property and the views in the most authentic way. If you’ve been waiting for the right waterfront cabin—clean, functional, and full of potential—this one on Indian Arm Pond is your moment. (id:66811)
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Monthly debt service
$411
Projected NOI
$6K
Annual cash flow
$1K
Cash-on-cash
5.49%
DSCR
1.30
Going-in cap
7.19%
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.
Trade area within 3 miles of the property.
Population
66,308
Households
27,768
Median income
$132,000
Median age
37.6
Daytime population
93,639
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 0 Indian Arm Pond, Lewisporte.
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.