6517 Ranchero Drive E., Salmon Arm, BC

Listing Info

Name

Maydean Mobile Home Park

Address

6517 Ranchero Drive E.,

Legal

Lots 13 & 14, Plan KAP24295, Sec 33, TP 19, W6M, KDYD

Site Size

2.06 Acres

Sites

12

Income

$66,100

Price

$839,000

Status

Available

Description

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. 

Listing Broker RE/MAX Penticton Realty
MLS# 10315544