About this propertyMLS® 1301484
Are you looking for an exciting Business investment opportunity in the growing community of Gander with a vibrant local economy and a strong demand for storage? 39 McCurdy Drive is a unique chance to own an investment which has been operating as a successful storage business for over 15 years. This property is approximately 3700 ft.² of rentable space comprised of a mix of 25 heated and non-heated units each with its own door with 24/7 access. The front of the building has great visibility for an office space for an existing business owner or new enterprise looking to run a business out of or continue to rent the spaces out to customers for storage. This is an effortless income opportunity with minimal time commitment required. This site boast a strong local presence with a strong loyal long term customer tenant base some of who have been tenants since it opened making this an ideal choice for investors looking for a reliable income stream with all the work already done to get up and running. The building asset sale is a rare find that includes; all existing customer records and leases to ensure a seamless transition and to provide a turnkey hands off operation that provides an opportunity to capitalize on a well established business in a great commercial location with easy access. If you are an investor looking for passive income and a great investment opportunity or a business owner looking for a place to run your business out of don’t miss your chance to turn your vision into reality. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
134 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$1,634 / year
≈ $136 / month
Climate
Jan -3° · Jul 22°
normal daily high · GANDER INT'L A station · 1991–2020
Nearby & drive routes
12 places shown · OpenStreetMap · OSRM
Schools 6
Health 2
Groceries 2
Parks 2
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$137/mo
Principal & interest $0 + property tax $137 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-136
NOI / month
$-136
Cap rate
-0.38%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $137 | $1,634 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-136 | $-1,632 |
| NOI | $-136 | $-1,632 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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