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$685,000 total
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Asset Class
Retail
Size
—
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
97%
Year Built
2009
Lot Size
9 ac
Rare opportunity to own a well-equipped 9-acre equestrian property with impressive infrastructure for year-round use. Featuring a 70' x 120' indoor riding arena with tile drainage, insulated stable with concrete flooring, 12 stalls for full-size and miniature horses, tack/feed room, dedicated wash area and heating on two sides. Heated observation room includes a 2-pc bath and laundry facilities. Additional features include a 41' x 30' hay storage building, 4 paddocks, 3 outdoor horse shelters and manure building. Artesian well, septic, 200-amp service and generator hookup. Land and buildings only; no business included. Contact for the complete information package. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$39K
Annual cash flow
$813
Cash-on-cash
0.40%
DSCR
1.02
Going-in cap
5.66%
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
116,892
Households
40,771
Median income
$115,000
Median age
37.3
Daytime population
119,949
5-yr growth
8.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 11935 HWY 17 E, Huron Shores.
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.