C/o Cls Rd Hilliers, British Columbia V9P 2C8
$3,600,000
Rare investment opportunity - 38 unit MHP on central Vancouver Island. Newer park completed in 1997 on 10.6 acres with high quality infrastructure and part time service manager of 20 years in place to tend to utilities and maintenance. The property is comprised of 38 well laid out, landscaped larger pad sites; 1 park owned vacant 1 bedroom home; 2 under utilised RV storage compounds; large workshop; and exemplary utility building. There are 2 regularly serviced septic systems in place; a 30gpm drilled well that is run at 9gpm providing ample water to more than adequately service the 38 manufactured homes; and a shallow natural spring well that supplies high quality water and 30gpm pressure used for irrigation. Water has never been an issue in the park even throughout the driest summers. In discussion with the RDN, they have indicated that there may be room for 3 to 5 additional units. Some favourable vendor financing may be available for a qualified buyer. Substantial room for increased revenue as the majority of the units are paying well below market rent. (id:16027)
Business
| Business Type | Residential |
| Business Sub Type | Mobile home park |
| Name | CLS |
Property Details
| MLS® Number | 937444 |
| Property Type | Multi-family |
| Neigbourhood | Errington/Coombs/Hilliers |
| Features | Acreage, Central Location, Curb & Gutter, Level Lot, Park Setting, Private Setting, See Remarks, Other, Rectangular, Marine Oriented, Gated Community |
Building
| Constructed Date | 1996 |
| Size Exterior | 4000 Sqft |
| Type | Multi-family |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Size Irregular | 10.62 |
| Size Total | 10.62 Ac |
| Size Total Text | 10.62 Ac |
| Zoning Description | Mh-9 And Mh-10 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/25835237/co-cls-rd-hilliers-erringtoncoombshilliers
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October 13 2023 09:22:35
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