For Sale · Specialty

73218 Trans-Labrador Highway, Happy Valley-Goose Bay

73218 Trans-Labrador Highway, Happy Valley-Goose Bay, Newfoundland & Labrador A0P1E0

$29,999 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

Year Built

1979

About this property

Escape, unwind, and enjoy the outdoors with this charming 2-bedroom cabin located near Pinus River. Built in 1979 with expansion in 2022, this cozy getaway offers a great opportunity for anyone looking for a recreational property with easy access from the highway and plenty of opportunity to enjoy everything Labrador’s outdoors has to offer. The cabin is being sold fully furnished and ready to enjoy, featuring two bedrooms, a woodstove for comfortable heat, an outhouse, and a dual-fuel 2000W generator for added convenience. Whether you're looking for a quiet place to relax for the weekend, a base for hunting and fishing adventures, or simply your own getaway from the everyday routine, this property offers a simple and comfortable place to enjoy the outdoors. Spend your evenings around the woodstove, explore the surrounding country, or head out for a day of fishing or hunting before returning to your own private retreat. Fully furnished, and ready for its new owners — your Labrador getaway awaits! (id:66811)

Financial sandbox

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Estimate
Purchase price$30K
Down payment30% · $9K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$139

Projected NOI

$2K

Annual cash flow

$320

Cash-on-cash

3.55%

DSCR

1.19

Going-in cap

6.61%

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

120,232

Households

42,196

Median income

$85,500

Median age

42.2

Daytime population

193,693

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 73218 Trans-Labrador Highway, Happy Valley-Goose Bay.

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.