6517 Ranchero Drive E, Salmon Arm | $839,000

Mobile home parks in this price range seldom come on the market in southern BC! The Maydean Mobile Home Park is a 12 site, primarily mature tenant park situated in a quiet rural neighbourhood just off Hwy 97A, only 10 minutes from downtown Salmon Arm, and approximately 100 km north of Kelowna and 450 km northeast of Vancouver. The park offers either an absentee owner/investor or hands-on owner/operator a desirable and affordable investment opportunity with a consistent cash flow, full occupancy history, rent increase upside and an attractive 5.6% cap rate. Contact listing realtor for detailed information brochure.

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Description

Mobile home parks in this price range seldom come on the market in southern BC! The Maydean Mobile Home Park is a 12 site, primarily mature tenant park situated in a quiet rural neighbourhood just off Hwy 97A, only 10 minutes from downtown Salmon Arm, and approximately 100 km north of Kelowna and 450 km northeast of Vancouver. The park offers either an absentee owner/investor or hands-on owner/operator a desirable and affordable investment opportunity with a consistent cash flow, full occupancy history, rent increase upside and an attractive 5.6% cap rate. Contact listing realtor for detailed information brochure.

General Info

MLS Listing ID: 10315544 Bedrooms: 0 Bathrooms: 0 Year Built: 1971
Parking: N/A Heating: N/A Lotsize: 2.06 ac|1 - 5 acres Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .