Fully Tenanted Mobile Home Park - Turnkey Investment Opportunity! An excellent opportunity for investors seeking steady rental income and long-term upside. This fully occupied mobile home park features 18 pads across six freehold lots, totaling approximately 2.6 acres. Ideally located just off Highway 101--midway between Powell River and the Saltery Bay ferry terminal--the property offers both convenience and growth potential. The park operates on a drilled well and septic system, with some pads equipped with gas connections. Included in the sale are one single-family home (not a mobile, in addition to the 18 pads). A cap rate of 6% is achievable, making this a solid income-producing asset from day one. Don't miss this chance to acquire a well-maintained, income-generating MHP in a desirable coastal location. For more information or to schedule a private tour, contact the listing agent today. (id:13843)
MLS # | 18920 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 75 |
Listing Provided By | ROYAL LEPAGE POWELL RIVER | NICK BODIE |
Acreage | 2.63 |
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Property | 2200 |
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Province | BC |
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City | Powell River |
Listing VS Median (in ) | |
Price: $1,225,000 low | high Med: $199,000 On site: 75 low | high Med: 39.000000 |