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PRIME INVESTMENT OPPORTUNITY – 8.5% CAP RATE! Pelican Storage Facility offers an exceptional opportunity to acquire a fully leased, income-producing self-storage operation in Bonnyville. Situated on 4.74 acres, the secure, well-lit property features 64 storage units plus 30 Sea Cans, all within a fully fenced site with powered gate and convenient fob access. The sale includes the leasing management software for efficient day-to-day operations. Offering an attractive 8.5% capitalization rate, this turnkey investment provides strong current income with excellent long-term potential. An additional storage yard to the west is available for future expansion, creating an opportunity to increase storage capacity and revenue. A rare opportunity to acquire a well-established, fully occupied storage facility in the growing Lakeland market. (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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Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
