Errington/Coombs/Hilliers neighbourhood of Errington British Columbia Canada V9P 2C8
$3,600,000
C/O CLS HILLIERS
Price: $3,600,000
MLS Number: 937444
Square Footage: 4000 Sq Ft
Property Type: Single Family
Rare investment opportunity – 38 unit MHP on central Vancouver Island with some vendor financing available at favourable terms for a qualified buyer. Newer park completed in 1997 on 10.6 acres with high quality infrastructure and part time service manager of 20 years in place. The property is comprised of 38 well laid out, landscaped larger pad sites; 1 vacant park owned 1 bedroom home; 2 under utilised RV storage compounds; large workshop; and exemplary utility building. There are 2 septic systems in place; a 30gpm drilled well plus a 30gpm shallow natural spring well providing ample high quality water to adequately service the 38 manufactured homes. 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. Pad rents are well below market rent providing substantial opportunity for increased revenue.
Listing Brokerage: Royal LePage Nanaimo Realty (NanIsHwyN)
C/O CLS HILLIERS - C/O CLS HILLIERS
