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Okanagan 19-pad manufactured home park sells for $1.45 million

The newer Riverside Estate manufactured home, a seniors’ park of 3.87 acres on Highway 3A in Keremeos, B.C., sold at a 5 per cent cap rate
Lighthouse Realty Ltd., Abbotsford, B.C., for Western Investor
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Lighthouse Realty Ltd., Abbotsford, B.C., for Western Investor

Property type: Manufactured home park

Location: 3455 Highway 3A, Keremeos,  B.C.

Number of pads: 19

Park size: 3.87 acres

Sale price: $1.45 million

Brokerage: Lighthouse Realty Ltd., Abbotsford, B.C.

Broker: Bill Summers