Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 5.0%
  • Listing ID: 3402850
  • Posted On: Jul 21, 2023
  • Updated On: Jan 2, 2024

Description

Welcome To Oceanview Mobile Home Park A 55+ Senior Park That Encompasses 5.5 Acres Of Waterfront With Panoramic Views Of The Strait Of Juan De Fuca And Vancouver Island, Canada. A Secluded Park Like Setting Where Local Deer Visit Regularly. Features 19 Mobile Spaces and An Approximately 800 SqFt, 2 Bedroom/1 Bath Residential Home (20 Total Units). City Sewer and Water. Proforma $190,800 Gross Income, $163,300 Net Income, 5.02% Cap Rate. Don't Miss Out On This Rare Opportunity To Own A Beautiful Waterfront Park Investment With Income Upside!

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Park Information

Community Type: 55 And Over

Financial Information (Pro Forma)

Gross Income: $190,800
Net Operating Income: $163,300

Utility Information

Water: City
Sewer: City

Video

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