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3616 Larch Avenue Terrace, British Columbia V8G 5B9

Acreage

$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:46507)

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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Don Kehler
Personal Real Estate Corporation

(250) 613-9553
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