A Kamloops mobile home park has sold for $1.96 million, RE/MAX Penticton Realty tells Western Investor.
The 19-pad mobile home park also includes two legal rental houses across a 2.27-acre lot. This is the first time the mobile park has been on the market in over 30 years. The property is well maintained with a primarily retired tenant population. The park sold for over its assessed value of $1,586,000.
The property is located at 2805 Westsyde Rd., Kamloops.
Breakdown:
Price: $1,965,000
No. of Units: 21
Price/Unit: $93,571
Lot Size: 2.27 acres
Property Type: Multi-family
Zoning: MHP
2017 B.C. Assessment Value: $1,586,000
Date of Sale: 01/05/2018
City: Kamloops
Province: B.C.
Name of Brokerage: RE/MAX Penticton Realty
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