For Sale · Land

233 2540 TWP 353, Rural Red Deer County

233 2540 TWP 353, Rural Red Deer County, AB T4G0K6

$250,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

92%

Lot Size

0.0597994494496968 ac

About this property

Unit 233 is a gorgeous 2013 destination trailer with a spacious sunroom, offering comfortable sleeping accommodations for 8. Immaculately maintained, it backs onto the bocce court, providing extra space for kids and adults to play. Conveniently located near the marina access. Carefree Resort is a private, gated, recreational community with an outdoor pool, pickleball courts, private marina, beaches, playgrounds and so much more! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$250K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$10K

Annual cash flow

$-4K

Cash-on-cash

-5.41%

DSCR

0.71

Going-in cap

3.92%

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

126,887

Households

52,025

Median income

$129,000

Median age

34.9

Daytime population

178,769

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 233 2540 TWP 353, Rural Red Deer County.

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.