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Mobile Home Park, Campbell River, Vancouver Island, Canada For Sale

Campbell River, British Columbia, Canada
Asking Price:
$4,100,000 (CAD)
Sales Revenue:
$170,000 (CAD)
Cash Flow:
$100K - $250K (CAD)

ARE YOU LEAVING THE UNITED STATES?

Are you looking for a secure and self directed investment?

Are you looking for an opportunity that pays you 24/7/365 days per year?

Does living "in and/or on" your investment sound like an advantage?

Does "writing off" taxes, phone, office, fuel, vehicles, materials, and labour appeal to you?

Are you near retirement, but want to keep active?

Are you fed up with paying exorbitant "MER" fees on your money that really don't produce any substantial growth or income?

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Croation Mobile Home Park is YOUR opportunity to direct your own destiny...

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This property is 3 kms south of Campbell River’s city centre.

The property is improved with 1 residence, 15 mobile home pads and 5 RV
sites, and 2 rented storage sheds for a total of 23 rental units.

The property is well maintained and is 100% leased.

Campbell River's accelerated growth has made this area a prime investment.

** Complete and detailed INCOME & EXPENSE summary will be made available to you after you tour of the site.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Possible owners/managers house is available

Location:

Campbell River, BC, Canada

Premises Details:

The subject property is 3 kms south of Campbell River’s city centre.

The property is improved with 1 residence, 15 mobile home pads and 5 RV
sites, and 2 storage sheds for a total of 23 rental units.


The property is well maintained and is 100% leased.

Several of the pad rentals are rented under a temporary use permit, it is further understood that a more permanent arrangement is being contemplated by the municipality and the owner.

The subject property is a well-positioned property in an evolving neighborhood in Campbell River.

The property benefits from full occupancy with municipal sewer and water connections.

The short and medium-term outlook for the property is the continuation of the existing use while the long-term outlook favors;

* expansion,

* redeveloping sites with new homes,

* installation of modular homes

* rezoning to "comprehensive development"

Size in square feet:
2.8 acres according to BCA
Planning Consent:

SAYWARD DISTRICT, PLAN 16975,
VIP 16975

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

We are currently engaged with a consulting firm and the city to expand the park to include a greater number of RV units for permanent occupancy.

Reasons for selling:

Owners retiring

Employees:
0
Years established:
Unknown

Other Information

Support & training:

Up to 3 months of support and training will be offered

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Possible 1st and 2nd plus conditions TBD

Related Documents:
Home based:
This business can be run from home