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
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September 16 2023 12:25:35
BC Northern Real Estate Board
Team Powerhouse Realty