Fantastic Farm Property with great potential, with an investment savvy individual.
Great proximity to Kitchener-Waterloo, Guelph & Cambridge
Reasonable existing Cap rate expressed, plus numerous opportunities for extra income potential.
22,000 Square feet of indoor space plus a 2.5 story farm house with great income potential.
Currently used as income property with one of the buildings leased out to an animal bedding business, one for private storage
and a large barn utilized as a off-season storage for vehicles/boats/etc.
Gross income from house and 3 buildings is ~$50k
Gross income from land rent ~$28k or crop yourself
Land Remarks: 80 Acres total, with 72 tillable acres of random and systematically tiled, workable land with rental income potential @ $350/ acre +/- *(currently cash cropped by the owners)