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Vadim Kobasew
Vadim Kobasew
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145,490 ft²
Multifamily
$1,625,000
Sale


12 Site Mobile Home Park plus 7 Rental Units.


The Space
TypeProperty for sale
AvailableImmediately
NegotiableYes
Asking Price$1,625,000
Net Operating Income$80000
Property UseInvestment property

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The Building - Weeping Willow Mobile Home Park

Looking for a strong and steady revenue generator? Weeping Willow consists of a 12 site mobile home park with 2 park owned mobile homes plus 7 rental units including cabins, house and permanent RV. The park and rental units are all at full occupancy. Park rents are on the low side when compared to other South Okanagan mobile home parks. May be room for some expansion. The property’s split zoning allows both mobile home park and tourist commercial use. Excellent opportunity for a hands on owner operator!


Property TypeMultifamily
Lot Size145,490 ft²
Taxes$3,537/yr
ZoningRSM-1 & CT-1
Cap Rate5%

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