3616 Larch Avenue Terrace, British Columbia V8G 5B9
$3,100,000
This is a 55+ Manufactured Home Park located in the thriving city of Terrace, B.C. There is a total of 66 pads of which 64 are full and the remaining two available for further additional income opportunities or an on site office. City water with 7 septic systems throughout the park, noting the Regional District are looking to secure funding for a community sewer system. Enjoy a 6.35% cap rate with potential for increased revenues/return. Terrace is the hub to Prince Rupert [P.R. Container Port/Lng activity], Kitimat [LNG activity] as well as mining to the north. This is your opportunity to participate in this growing economy with a stable and recession proof investment. * PREC - Personal Real Estate Corporation (id:33224)
Business
| Business Type | Residential |
| Business Sub Type | Mobile home park |
Property Details
| MLS® Number | C8046934 |
| Property Type | Business |
Building
| Constructed Date | 9999 |
Land
| Acreage | Yes |
| Size Irregular | 10.17 |
| Size Total | 10.17 Ac |
| Size Total Text | 10.17 Ac |
https://www.realtor.ca/real-estate/24934998/3616-larch-avenue-terrace
Interested? Contact Us About Listing
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 19 2023 10:26:25
BC Northern Real Estate Board
Team Powerhouse Realty