Presenting a rare investment prospect with this fully equipped, 26-site campground strategically positioned just off Highway 9 in Youngstown. This property is not only easily accessible but also offers comprehensive utility hookups, including municipal water and sewer services, ensuring maximum convenience for occupants.The campground features 24 sites with 30-amp power and 2 sites with 50-amp power, accommodating a variety of needs for recreational vehicles and larger setups. It is highly favored by both work crews and hunting enthusiasts, guaranteeing a consistent influx of visitors seeking accommodations in the area.Currently divided into multiple titles, this property offers significant potential for future development. Investors have the opportunity to transform this space into a lucrative mobile home park or expand the existing campground facilities. With its prime location and versatile infrastructure, this campground is positioned as a highly attractive long-term investment opportunity.Ideal for investors looking to capitalize on a property with both immediate returns and future development potential, this campground promises to be a valuable addition to any real estate portfolio. (id:66619)
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
