1/2PIN 560110010 PEARSON ROAD, Fort Frances
PIN 560110010 PEARSON ROAD, Fort Frances, ON P9A3M3
$119,000 total
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Asset Class
Land
Size
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Building class
B
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
90%
About this property
196 acres of recreational property. Located East of Fort Frances on Pearson Road in unorganized Farrington. Pearson Road goes through the South West corner of the property, South of the bridge. Ottertail River runs through the North part of the property. Recreational opportunities abound! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$550
Projected NOI
$5K
Annual cash flow
$-2K
Cash-on-cash
-4.30%
DSCR
0.77
Going-in cap
4.25%
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
106,521
Households
36,984
Median income
$132,000
Median age
38.4
Daytime population
166,365
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for PIN 560110010 PEARSON ROAD, Fort Frances.
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.