An exceptional investment opportunity to acquire a strategic piece of property in a high-traffic area with stable high return. Almost 1 acre land features with gas bar, car wash, oil change since 2008, located in a very busy intersection. The property leased out with great tenant for 20 years long term agreement. Carefree ownership, rent income from day one. The capital rate is over 6.5%. CoC return is over 12% based on the 35% mortgage down payment. (id:52316)
HOMELIFE LANDMARK REALTY INC.
$3,899,000
191 KEIL DRIVE S, Chatham-Kent, Ontario
4262 Sqft
Property
MLS® Number: X12177198
Address: 191 KEIL DRIVE S
City: Chatham-Kent
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
Property Sale History
Travel and Neighbourhood
43/100Walk Score®
Car-Dependent
Location
