About 191 Keil Drive S
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.
Features of 191 Keil Drive S
| MLS® # | X12177198 |
|---|---|
| Price | $3,899,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Commercial Retail |
| Status | Active |
Community Information
| Address | 191 Keil Drive S |
|---|---|
| Area | Chatham-Kent |
| Subdivision | Chatham |
| City | Chatham-Kent |
| Province | ON |
| Postal Code | N7M 6J5 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Gas Forced Air Closed |
|---|---|
| Cooling | Yes |
| Fireplace | No |
Listing Details
| Office | HOMELIFE LANDMARK REALTY INC. |
|---|